JJB sends out cash call for extra £65m
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.Struggling JJB Sports is to tap investors for £65m in an attempt to stabilise its precarious financial position.
The sports fashion group has received the backing of its four largest shareholders, including the Bill & Melinda Gates Foundation Trust, to push ahead with the capital raising. This comes just two months after it raised £31.5m. The group has approval for the latest round after creditors and investors approved a company voluntary arrangement to help JJB avoid administration.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments