A specialist financial adviser and businessman who owes his ex-wife £140,000 has been given more time to pay by a divorce court judge, who warned that the prison door is "ajar".

Mr Justice Holman ruled in September 2018 that Grant Rogan, who was born in the United States and is the founder of the Blenheim Capital Group, was in contempt of court because he had failed to hand owed alimony to Sarah Rogan.

He had overseen a trial in the Family Division of the High Court in London after Ms Rogan took legal action.

The judge has reconsidered the case at a follow-up hearing and given Mr Rogan more time to clear the debt.

Ms Rogan, who is in her 40s and lives near Oxford, said in September that Mr Rogan had "wilfully" refused to pay alimony he owed and could afford to pay - and asked the judge to impose a jail term.

She said alimony arrears are rising and she is now owed £140,000.

Mr Rogan - who is in his 60s, has remarried and also lives near Oxford - told the judge in September that he could not afford to pay owed alimony.

He now says he can pay if given time.

The businessman has told the judge that he is not "trying to shirk my debt obligations".

Mr Justice Holman has now given Mr Rogan until November 2019 to pay owed alimony.

But he said Mr Rogan had to understand that "the door to the prison clearly is ajar".

The judge has heard how Mr and Ms Rogan married in 2002, separated in 2012 and divorced in 2014.

Mr Rogan had agreed to pay Ms Rogan, his second wife, £5 million in instalments following the divorce.

He had also agreed to hand over £8,000 a month in alimony pending the full payment of the £5 million.

A judge had approved the agreement and ordered Mr Rogan to pay.

Ms Rogan says she is owed more than £2 million in total.

She said she did not want Mr Rogan to be jailed but had taken legal action in the hope of coercing him into clearing the alimony debt.

Mr Justice Holman had concluded in September that Mr Rogan had the means to pay alimony but had prioritised other spending.

He said between November 2017 and September 2018 more than £400,000 had passed through Mr Rogan's bank account.

During that time Mr Rogan had spent: £72,000 on two wedding celebrations, one in England and one in Morocco, for him and his third wife; more than £1,700 on pet care and insurance, more than £4,000 on pubs and restaurants, about £2,700 on two holidays in France and more than £11,000 on a gardener.

The judge heard that Mr Rogan lived at Larkstoke Manor near Wallingford, Oxfordshire.

He had paid more than £4 million for the property - which had six bedrooms, five reception rooms, a tennis court, a swimming pool and 24 acres of land - in 2015.

The judge said Mr Rogan's business involved "inter-governmental offsets" and was "complex".