He said: "These meetings were like no other senior management meeting I had ever attended in all my years of investment banking experience."
Describing it as a "pub lock-in" where fish and chips and kebabs would be brought in after closing time, he said: "On one such evening, in front of his senior management team, Mr Ashley challenged a young Polish analyst in my team, Pawel Pawlowski, to a drinking competition.
"Mr Ashley and Pawel would drink pints of lager, with vodka 'chasers' between each pint, and the first to leave the bar area for whatever reason was declared the loser.
"After approximately 12 pints and chasers Pawel apologised profusely and had to excuse himself.
"Mr Ashley then vomited into the fireplace located in the centre of the bar, to huge applause from his senior management team."