Wigan chairman sells JJB stake

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Former Manchester United player Whelan founded JJB in 1971. He has now sold the Whelan family stake of 29% to a joint venture formed by Icelandic financial group Exista and Chris Ronnie.

Scroll down to read more:

Selling up: Dave Whelan

Whelan told BBC Sport: "Retiring from the board and selling my stake in the business I founded has not been an easy decision.

"But it has been made easier by my confidence in the management team."

Whelan, 70, became chairman of Wigan in 1995, leading the club from what is now League Two to the Premiership.