Manchester-headquartered sportswear brand Castore, whose logo is featured on the kits of Premier League clubs, international cricket teams and worldwide superstars, has been valued a £750m.
The brand is backed by the likes of tennis star Andy Murray and the Asda-owning billionaire Issa brothers and has agreed a secured revolving credit facility from three banks worth £50m.
The company has the ability to extend the facility by an additional year, from the current three, and increase it to £75m.