RPC has secured a High Court victory for Sports Direct boss Mike Ashley in his dispute with investment banker Jeffrey Blue.

Blue alleged that Ashley had reneged on a £15m payment, promised to Blue in a London pub in 2013, if Blue doubled Sports Direct's share price from £4 to £8.

Ashley said he could not remember having made the offer as it was made during a night of heavy drinking and that the remark was in keeping with the "general banter" the two were having.