Troubled leisurewear retailer JJB Sports today said its £100 million rights issue is back on track — and revealed that it is paying bankers £6 million to get the deal away.

The company-saving fund-raiser got spectacularly derailed last week amid swirling rumours about payments allegedly made to the chairman Sir David Jones.

JJB denied the allegations but was forced to pull the float all the same amid disquiet from some investors.

Today it said that the 25p-a-share offer will be put to a shareholder vote on 29 October. Bankers at Lazard, Panmure Gordon and Numis will share £6 million for underwriting and advising on the deal, cutting the net proceeds to JJB to £94 million.

At 6%, those fees are among the highest paid by any company doing a rights issue of late. That indicates the advisers feel they are taking a risk in guaranteeing to pick up any stock not bought by investors.

JJB shares today edged up 1.3p to 33.75p.

Meanwhile, JJB is asking the Financial Services Authority to pursue those responsible for spreading false rumours about Jones. Some investors agree.

David Herro, chief investment officer at Harris Associates, which holds a 14.5% stake in JJB, said: “Anyone who is caught manipulating a capital raising using false data should be prosecuted.”