More bad news for Ashley

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Some people just seem to have a run of bad luck. Newcastle owner Mike Ashley has had a pretty bad time recently and he must have found it hard to remain cheerful. At least he has his fortune to keep his spirits up.

That fortune is a little smaller now according to this morning’s Sunday Mirror. It says that Ashley lost Ã‚Â£300 million after betting on the shares of bank HBOS, losing Ã‚Â£800,000 for every penny the share price dropped.

It never rains but it pours!

(Source – Sunday Mirror)

Sun 21 September, 2008

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