Tyre king Bob Jane has declared bankruptcy after Harold Mitchell, his mate of four decades and one of Australia’s most prominent businessmen, pursued him over a $200,000 debt.
The former race car champion owes millions of dollars and says his fortune has been whittled down to $15 cash and a Holden Commodore.
Mr Jane, 86, is about to have his home sold from underneath him as creditors circle to recoup debts.
However when contacted by Fairfax Media on Friday, Mr Mitchell who is in Europe for Lindsay Fox’s “conception party” said he had resolved his difference with Mr Jane.
“We have resolved our differences. …
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