Sir David Jones, the beleaguered JJB Sports chairman at the centre of a controversy over a £1.5m loan from rival Mike Ashley, has put his £2.2m home in West Yorkshire up for sale.
Jones is once again at the centre of media scrutiny today, after spending recent days defending the loan he received from Ashley.
Jones has been trying to sell the seven-bedroom home for three months, according to reports.
Sports Direct founder Ashley said he received the loan request – which was used to invest in Jones’s family-owned private software venture Advanced Network Technologies – via his former business associate, Chris Ronnie, shortly after Jones joined the company.
However, JJB Sports insists that the loan agreement was made before Jones’s appointment to the JJB board on October 1, 2007.
The revelations put Jones’s position in doubt and raise questions about his impartiality, given that Ashley has previously acquired JJB stores and was a shareholder in the retailer.