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JJB Sports says Ronnie resignation "not effective"

JJB Sports has denied that an agreement has been reached with suspended chief executive Chris Ronnie over his resignation, and said that it was “not effective”.

Although Ronnie’s law firm Pannone said earlier today said that he had agreed the terms of his resignation, JJB Sports has said the lawyer’s statement was issued without its knowledge.

A JJB Sports statement this afternoon said: “JJB confirms that Christopher Ronnie has tendered a letter of resignation conditional upon reaching agreement on the terms of a settlement. No such agreement has been reached and accordingly Mr Ronnie’s resignation is not effective.”

It added that JJB Sports continued to “reserve its contractual and other rights in respect of Mr Ronnie”.

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