Mike Ashley (businessman)

Michael James Wallace Ashley (born 9 September 1964) is a British entrepreneur who is the founder and former chief executive of Frasers Group plc (formerly Sports Direct International). He owned Newcastle United Football Club between 2007 and 2021. According to the Sunday Times Rich List in 2026, Ashley was the 48th richest person in the UK with an estimated net worth of £3.44 billion. In August 2021, Ashley announced that he intended to step down as chief executive of Frasers Group in May 2022, but would remain a director of the main board. He was succeeded as chief executive by his son-in-law, Michael Murray, on 1 May 2022. In September 2022, Frasers Group announced that Ashley would not stand for re-election as a director and would leave the board following the company's annual general meeting on 19 October 2022.

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