House of Fraser owner Mike Ashley's company owed €76m by close family member

In June, Frasers bought struggling online brand Missguided and increased its stake in Hugo Boss.

Mike Ashley’s company is owed £64m (€76m) by one of the UK retail entrepreneur’s close family members, according to its delayed financial results.

The loan is interest free and not repayable to Mash Holdings until the end of 2030, accounts lodged at Britain’s Companies House said. They didn’t reveal the recipient of the loan.