Ashley can rage, but his Debenhams offer had limited appeal | Nils Pratley

Sports Direct owner’s analysis is pure bluster: its offers of help came with too many conditions attached

In one respect – and perhaps one only – you can sympathise with Mike Ashley. Rereading the bulletins from Debenhams’ boardroom in the past 18 months, you wonder when the directors realised what a hole the department store group was in.

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