Ashley allegedly held regular senior management meetings during “lock-ins” at the Green Dragon pub in Alfreton near Sports Direct’s warehouse. Ashley has dismissed everything discussed in the pub as “banter”, denied that any such deal existed and refused to pay up. Sports Direct’s shares hit the £8 price target in February 2014. Blue also claimed that the company’s senior management meeting was held during a boozy event every Tuesday night at the Lion hotel in Worksop. “Meetings were like no other senior management meeting I had ever attended in all my years of investment banking experience,” Blue said.

Source: The Guardian July 03, 2017 14:18 UTC