Mike Ashley wants to 'eliminate Debenhams as a competitor', court hears

Sports Direct boss funds lawsuit to overturn the deal that rescued DebenhamsThe Sports Direct boss Mike Ashley wants to “eliminate a competitor” by funding a lawsuit that could plunge Debenhams back into administration at the cost of thousands of jobs, the high court has heard.The struggling department store chain gained approval from its landlords for rent cuts through a company voluntary arrangement (CVA) earlier this year, keeping the company alive at the cost of 50 planned store