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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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The Journalist

Writer: worbo Mail feedback, articles or suggestions

Date:Friday June 8 2007

Time: 11:43PM

Your Comments

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

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