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Suitors court JJB Sports Monday, 3rd September 2012
JJB Sports has already attracted several potential bidders – an encouraging sign which indicates it may still be able to fight off administration.
Better Capital and OpCapita are thought to be amongst the companies circling the sportswear retailer.
JJB has previously warned that its £36 million debt mountain may change hands for a nominal sum – a move which would wipe out shareholders.
Sales at the retailer slipped 3.3 per cent in the six weeks to 26 August.