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Whelan Says Good Bye to JJB

Whelan Says Good Bye to JJB

Latics chairman Dave Whelan has sold his family's entire stocks in the JJB Sports business he founded and gained £190m for his troubles.

Whelan, who started the business by buying a Wigan sport shop, J.J.Broughton, for £1 million back in the 1970`s, sold his 29% stake to a joint venture formed by Icelandic financial group Exista and Chris Ronnie.

Big Dave said: 'Retiring from the board and selling my stake in the business I founded has not been an easy decision.

This could mean that the Latics maybe looking to negotiate new sponsorship deals, with JJB being the current shirt and stadium sponsors.

How will this affect the Latics?

Have your say on the 'Latics Speyk` message board

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Writer:Barry Worthington
Date:Friday June 8 2007
Time: 11:43PM

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Comments

0
Maybe we can now get a decent amount of money for shirt sponsorship, current deal only worth 100k
worbo
08/06/2007 23:48:00
0
Whelan certainly knows a good deal when he sees it!
sandgroanun
09/06/2007 00:09:00
0
Interesting move by Whelan, got lots of time for the guy. Yeah a new shirt sponsor would be good eh?
BomBom
09/06/2007 00:12:00
0
yea new sponsors, get some more cash to spend
upthedale
09/06/2007 11:34:00
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