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Newcastle United Owner, Sports Direct Founder Mike Ashley Purchases Department Store Chain

EPL Newcastle United Owner and U.K. sporting goods retailer Sports Direct founder Mike Ashley "is back on mischievous form" after he purchased department store chain Debenhams, according to Andrea Felsted of the FINANCIAL TIMES. Ashley controls a 64.4% stake in Sports Direct. One person "who knows the business well," said, "He's put this image in people's heads. But he's incredibly numeric, commercial; he can work stuff out in his head" (FT, 1/13).

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