Newcastle United owner and Sports Direct boss Mike Ashley has won a High Court battle with an investment banker over a £15m deal allegedly made in a London pub.
Investment banker Jeffrey Blue told a judge that Mr Ashley promised to pay him £15m if he used his expertise to double Sports Direct's share price to £8 a share.
He said Mr Ashley paid only £1m and he wanted £14m damages.
Mr Ashley denied the claim and said Mr Blue was talking "nonsense".
Mr Justice Leggatt analysed evidence at a High Court trial in London earlier this month.
The judge heard the dispute centred on a conversation in the Horse and Groom pub four years ago.
Ruling in Mr Ashley's favour, the judge said no-one would have thought what was said in the pub was "serious".
