THE sports empire build up by former Blackburn Rovers star David Whelan could be about to change hands in a move that could land the ex-Ewood favourite a £220 million fortune.
Within minutes of telling the Stock Exchange there had been an approach for JJB Sports, the company's share price had risen by more than 20 per cent, valuing the business at £550 million.
David Whelan's family still control almost 40 per cent and a sale would give them a £222million share-out.
Sales at Britain's biggest sports clothing retailer have been disappointing and profits have been falling over the past two years.
In its brief statement to the Stock Exchange, the company confirmed it had received an approach, but stressed it had not been made a firm offer.
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