The main trouble was when whealan was in charge he had the market for sports shops, so expanded to the soccer dome and health clubs, these two areas made the most revenue (£35 a month for the gym, without doing much) and he subsequently took his eye off the thing that got him there ie the shops,
Then along came his old mate Mike Ashley , who took over the kit yourself out for a tenner market and JD Sports who took over the "Sports Fashion" side of the market, leaving JJB's core market reduced as they sold neither of these things as well as the other 2.
Whealan then sold up for high, and now plans to buy the health clubs back (which is the only area of the business that makes money) for a relative pittance.
People call him, but you got to respect his business ability, he done well for himself, but then again so did Fagan!
Still its tragic for the lads and lasses who work for JJB.
Then along came his old mate Mike Ashley , who took over the kit yourself out for a tenner market and JD Sports who took over the "Sports Fashion" side of the market, leaving JJB's core market reduced as they sold neither of these things as well as the other 2.
Whealan then sold up for high, and now plans to buy the health clubs back (which is the only area of the business that makes money) for a relative pittance.
People call him, but you got to respect his business ability, he done well for himself, but then again so did Fagan!
Still its tragic for the lads and lasses who work for JJB.