jjb goes to the wall

cmonstanley · 21-03-2009, 22:41

jjb will go to the wall on wednesday is the news.heard from a more than reliable source at ibrox today..rangers have already took most of their stock back to the megastore at ibrox and the deal with jjb is dead as the administrators are going in on wednesday...

wadey · 21-03-2009, 23:02

O dear not good, why do they insist on getting bigger and bigger?

jaysay · 22-03-2009, 09:26

Same thing happened to that firm owned by the guy who owns Newcastle, was it All Sports or something. I know they used to do the merchandising for Rovers stores, but they've gone back to doing their own again

SPUGGIE J · 22-03-2009, 09:29

Not a good thing at all this bit of news. It seems that the sports wear we used to buy is now a luxury we can do without.

wadey · 22-03-2009, 09:55

Perhaps if England won/qualified for something sales might pick up

accyman · 22-03-2009, 10:14

perhaps if sports brands didnt charge 10x as much as an equivelent shirt of the same quality simply because their logo is on it people would be preppared to buy the clothing

with all the cheaper alternatives which are still good quality available people especially these days are reluctant to fork out an extra £40 on a t-shirt just because it has a nike logo or whatever on it

seen as they only pay about £2 per week wages to get these items made anyway they could easily reduce prices enough to compete wit cheaper brands

my lad wanted a pair of nike trainers until i pointed out to him that for the same money he could have a cheaper pair and a game for his xbox 360

jaysay · 22-03-2009, 10:18

Quote:

Originally Posted by wadey

Perhaps if England won/qualified for something sales might pick up

Maybe if England's Shirts wasn't £50 a throw might help too wadey, I think the latest one is something like the sixty fifth to be issued, daft to me

accyman · 22-03-2009, 10:20

i reackon england shoudlntbe allowed to change their strip again until they win either the european cup or teh world cup.

mind you they woudl have to make teh shirts out of teflon to ensure they lastedlong enough

MargaretR · 22-03-2009, 10:21

Good - there will be fewer folk about wearing sports clothing as streetwear
I never understood why anyone would want to walk about with a big number on their back
"is that your age or your shoe size?"

Neil · 22-03-2009, 10:46

Quote:

Originally Posted by MargaretR

Good - there will be fewer folk about wearing sports clothing as streetwear
I never understood why anyone would want to walk about with a big number on their back
"is that your age or your shoe size?"

Not a very nice attitude. So your glad that hundreds, possibly thousands of people will be out of work?

cmonstanley · 22-03-2009, 11:14

heard another rumour dave whelan might buy the profitable ones back and rebrand..seems a bit dodgy to me ..i mean shady..

accyman · 22-03-2009, 11:38

Quote:

Originally Posted by cmonstanley

heard another rumour dave whelan might buy the profitable ones back and rebrand..seems a bit dodgy to me ..i mean shady..

nope perectly legal , the buisness wentto the wall not the owner so he is entitled to buy stock back under a new company , i think if you can come up with a better offer than him the recievers woudl let you have the stock etc

cmonstanley · 22-03-2009, 12:11

depends which auctions they send the stock to..only if they were franchised i could make a quick buck

mani · 22-03-2009, 12:25

sad situation really either way with so many potentially losing their jobs

and its not really JJB's fault that nike want thier TN's sold at 99.99

lancsdave · 22-03-2009, 13:31

Quote:

Originally Posted by accyman

nope perectly legal , the buisness wentto the wall not the owner so he is entitled to buy stock back under a new company , i think if you can come up with a better offer than him the recievers woudl let you have the stock etc

There should be rules to stop owners buying stock back from a bankruptcy if it's their company that went bust. As it happens I'm fairly certain Whelan hasn't had JJB shares for a while.

Quote:

Originally Posted by mani

and its not really JJB's fault that nike want thier TN's sold at 99.99

Hardly an innocent company, they were fined millions for price fixing.