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Mike Ashley £ 500m far racked up a black hole in the nonsense of high street bargains



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Mike Ashley blown over half a billion pounds on failed high street stores, raising new questions of strategic management tycoon Direct sport.

Ashley is on the verge of seeing a 29pc Debenhams shares disposed of as restless department store chain is approaching the rescue deal with creditors that blur the existing shareholders.

Sport Supremo recently admitted that he was faced with a hit of about £ 150 on the investment, but the analysis of the spread of the network Sunday Telegraph stakes in rival companies indicates that it can be fed a loss of more than £ 500m.

SCATTERGUN approach billionaire who runs five years ago when he first bought shares …

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