JJB Sports Share Discussion Threads

[pembury] 19/9/2012 10:25

So will Irish interest engage further interest from the others interested parties?

[jotoha2] 19/9/2012 10:20

Well done zeus , I am in again as from this morning for the last profit run , bring it on the Irish with their monopoly money!!

[zeuseq] 19/9/2012 10:00

Another profit taken wow, I've made £45k trading this in its death throes.

Hope evryone else is doing so well.

[hairyback2] 19/9/2012 09:24

0.39 v 0.41
1v1
+26% mid
LOL
HB

[jimrclark] 19/9/2012 09:24

Hey SR,

would that be trainers for running, football, walking, tennis, cross-training, skateboarding, basketball or just leisure?

[sir rational] 19/9/2012 08:45

Remember I need a cheap pair of new trainers, size 10

[granitetim] 19/9/2012 08:27

Pre-Pack Administration .
Shareholders will receive nowt!
This could happen within hours minutes seconds days!!!!

[harrissen] 19/9/2012 08:16

Irish retailer linked to JJB deal

Press Association


The owner of Ireland's biggest sports retailer has emerged as a contender to buy all or part of ailing JJB Sports, which is up for sale as it sits on the brink of administration.

Stafford Group, which bought Lifestyle Sports, the owner of 62 stores across Ireland, in 2005 for 60 million euros (£48 million), is among about half a dozen bidders left in contention, Sky News said.

[jimrclark] 19/9/2012 08:02

Very good news that SD is not the favourite now. Couldn't see how he could be by only buying 50 stores. Might see another spike today.

[maxmarilli] 19/9/2012 07:20

oh dear,now is next week,for the press....jjb be blue today....

[sir rational] 18/9/2012 18:49

You pretending to be some kind of pig, Jotoha2?

I guess you told enough porkies

[sir rational] 18/9/2012 18:43

Let's not make it personal, my friends. Blubber indeed.

I might be carrying a 'spare tyre' but I am doing something about it, you're welcome to join me on the Get fit quick thread XGUT.

[jotoha2] 18/9/2012 18:43

Mark my words eh ratty , this did not finish negative , you have joined the party far to late , the big money has been made already , get yourself outside and lose some blubber!

[sir rational] 18/9/2012 18:30

If JJB Sports fails to close its rescue deal with Sports Direct (Frankfurt: A0MK5S - news) , the company could be broken up or sold to a private Irish conglomerate, Stafford Group.

The Dublin-based company, which owns Irish Lifestyle Sports, is amongst eight would be buyers who have made bids for JJB (LSE: JJB.L - news) in the past month.

Although sources are adamant that a deal with Sports Direct is the most likely outcome, alternative options are now being pursued with concurrent negotiations with rival bidders.

"The need for a back-up plan is the only prudent option," said a source.

Last week, negotiations with Mike Ashley's Sports Direct became entangled in increasing fears about competition hurdles.

In 2010, Sports Direct was investigated by the Competition Commission over the acquisition of just 31 JJB stores.

At the time, the deal for 31-shops was allowed to go through because it was seen as relatively small-beer. Diana Guy, who was deputy chairman of the regulator was reported as saying that Sports Direct and JJB were "each other's closest competitors nationally" but that this would not change as a result of 31-shops exchanging hands.

Ms Guy went on to say that "competition" would depend on "the degree of overall competition between the two retailers at the national level."

Under the current deal terms, a pre-pack administration would carve out a portion of shops from JJB's 180 stores. Sports Direct's already has 290- shops in its portfolio.

On Tuesday, JD Sports, which was one of the original bidders for JJB's, decided to rule itself out of the sales process. A deal is expected by the end of this week.

[mistermagoo3] 18/9/2012 17:29

LMAO at fatty rational aint got a scooby

[jotoha2] 18/9/2012 17:11

Sir rat , again you have called it wrong, get yourself outside and lose some of that blubber , you know it makes sense!

[sir rational] 18/9/2012 15:04

All sellers now, this'll finish negative you mark my words

[sir rational] 18/9/2012 14:13

Bingo - you could say I can read the tealeaves!

[bingowing] 18/9/2012 14:12

MAGOO.

3:30 SHOULD REVEAL ALL.