on a positive note for JJB employees worried about their jobs......tesco are creating 500 jobs in wigan and leigh www.wigantoday.net/wigannews/Tes ... 4889211.jp

on a positive note for JJB employees worried about their jobs......tesco are creating 500 jobs in wigan and leigh www.wigantoday.net/wigannews/Tes ... 4889211.jp

We never had a contract with them if you are referring to shirt sponsorship. DW just stuck the name on the shirt because he owned both Wigan RL and JJB.



Exactly. Whatever we may think of DW and the way he used to run the company it employs a lot of local people.

Dave

Like, a rllocal shop for local peoplerl, you mean?

And which Half do you come into Abe???

Tried hard or those with a BRIAN?????

I know we don't like him but all this blame on Whelan for this is daft.

He is a businessman and a very good one at that.

He got out of JJB at the right time and did bloody well out of it.

[sizeEven if he is a er.

i thought we was changing the stadium name anyway for the start of this season hence why it says "Fortress GB" on the back of the new season ticket cards i thought that was something to do with it i thought the GB was the initials for the new name

JJB have made some terrible policy decisions over the last few years. They are victims of their own mismanagement, sadly though, the executives will probably leave with payoffs prior to administration and the workers will be left in the dole queue.

JD & SportsDirect will probably pick off a few stores each and save some jobs, however that wont help the head office/warehouse workers etc.

The bluechip companies in this country have really been exposed in the last few months.

A company with £60m debt and an asset worth an estimated £100m (Health Clubs) is unlikely to go bust.

I thought they had started to sell off the health clubs?

I know they sold off the soccerdomes to powerleague, but thought the health clubs had started to be broken up as well.

No they still own the Health Clubs in their entirety. A memo was sent out on Friday to around 10 interested parties who have shown an interest in buying them. They could be debt-free if they can complete a sale, not many high street retailers can say that at the moment.

Fair enough. It would be interesting to see though if any company was willing to buy the clubs outright, but that way, or selling them off in bits wouldn't matter to JJB I dont suppose.

JJB wont go bust more downsize until the storm is over. There are areas where JJB have sold to SD.com or closed and SDs takings have gone up 25% so it benefits that company.

JJB will probably close smaller stores like Leigh and focus on their top 50% of shops streamlining their products. They are currently building a partnership with Adidas and Nike to revamp areas of the shop to accomodate new clothing and footwear. Its going to be tough but they will get through it, thats if they have balls and cut losses quickly.

sky reporting that two subsidiaries off jjb to go into administration.