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Last Updated: Friday, 8 June 2007, 21:31 GMT 22:31 UK
Whelan sells stake in JJB Sports
Dave Whelan
Whelan took Wigan from the lower leagues to the Premiership
Wigan chairman David Whelan has quit the JJB Sports business he founded after selling his family's entire holding for 190m.

Whelan, who set up the sports chain in 1971, sold his 29% stake to a joint venture formed by Icelandic financial group Exista and Chris Ronnie.

Whelan said: "Retiring from the board and selling my stake in the business I founded has not been an easy decision.

"But it has been made easier by my confidence in the management team."



SEE ALSO
Whelan demands league chiefs quit
17 May 07 |  Premier League
Wigan name Hutchings as new boss
14 May 07 |  Wigan Athletic
Jewell resigns as Wigan manager
14 May 07 |  Wigan Athletic


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