SIR PHILIP GREEN expected investors to plough £30m into his Arcadia group of companies when he has paid himself and his wife billions in dividends over the years.

This is a man who courts controversy. His yacht alone is said to be worth anything up to £100m. If he was so confident that £30m would get his companies through the tough patch, why didn’t he put his own money where his mouth was?

John Cumberland, Rushyford.