BusinessCompany NewsKPMG in crunch talks with JJB bankers

KPMG in crunch talks with JJB bankers

Struggling sportswear outlet calls in the accountants to negotiate with its bankers concerning £95m of loans

JJB has called in KPMG to negotiate with its bankers, as the struggling
sports company tries to keep its head above water.

The talks will centre on £95m of loans that the company has taken out, the
Guardian
reported.

Earlier this month auditors Deloitte raised doubts that JJB could carry on as
a going concern in the sports chain’s interim results statement.

Further reading:

JJB
sports interim results statement

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