JJB Sports’ former chief executive Chris Ronnie has issued a statement disputing claims that he was dismissed from the sportswear retailer for misconduct, and insisting that he resigned last month.
JJB Sports said last night that Ronnie had been dismissed from the business as it outlined plans for a Company Voluntary Agreement. Ronnie was suspended from the company after he failed to tell the board that his stake in the company had transfered ownership.
However, a statement from Ronnie’s lawyers Pannone this afternoon said that Ronnie maintained he had reached a payoff deal with JJB Sports last month after resigning.
Ronnie’s lawyers first announced he had reached an agreement with JJB Sports last month only for JJB Sports to release a statement shortly afterwards which said the company refused to acknowledge the resignation as effective and that no settlement had been agreed.
This afternoon in a statement, Anthony Barnfather, head of regulatory investigations at Pannone, said: “As previously stated our client maintains his position that he resigned after reaching a financial settlement with JJB Sports on the February 24 this year.
“On that date the sum agreed was sent from JJB to Pannone without qualification. Therefore our client’s position is that he ceased to be an employee of JJB from February 24 2009. As such the finding of misconduct is in our opinion wholly erroneous.”