Billionaire Mike Ashley threatens to close all his Eldon Square and Metrocentre stores

House of Fraser in the Metrocentre, Gateshead
House of Fraser in the Metrocentre, Gateshead (Image: Tim McGuinness)

Billionaire Mike Ashley is said to have threatened to close all his stores at Eldon Square and Metrocentre amid a dispute with landlord Intu Properties.
The retail tycoon and Newcastle United owner has reportedly warned he will bring down the shutters of the 15 stores he currently has open at Intu Properties sites around the UK.
That would include Sports Direct, House of Fraser, Flannels, USC and Evans Cycles outlets in the shopping centre firm’s centres – and would affect USC in Newcastle’s Eldon Square, plus Flannels in the Metrocentre, on top of the House of Fraser store which will close next year.
Read more starting at ‘According to reports, Mr Ashley has been involved in a rent dispute with Intu in a bid to ‘ at……..Billionaire Mike Ashley threatens to close all his Eldon Square and Metrocentre stores

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