One of Britain's biggest sports retailers has announced it's going into administration.
JJB Sports has its headquarters in Wigan. It employs more than 4,000 people nationwide but half those jobs could now go.
In 2007, its shares were worth almost 30 pounds a piece. In 2008 the share price plummeted as the financial crisis hit. Today trading was suspended with them worth less than one penny each.
The company was started by Wigan Athletic owner Dave Whelan in 1971.
More top news
Staying bitterly cold by day and night but as winds turn more northeasterly the Pennines provide shelter, meaning a mostly dry outlook....
Dry and sunny for many. Cold and clear with frost and ice overnight
Actor Ted Robbins is in a stable condition after he collapsed on stage during the opening night of Peter Kay's Phoenix Nights live show.