▁putting ▁the ▁whole ▁group ▁into ▁administration . ▁On ▁ 1 3 ▁October ▁ 2 0 0 9 , ▁J JB ▁admitted ▁that ▁former ▁execut ives ▁were ▁being ▁investig ated ▁by ▁both ▁H M ▁Re venue ▁& ▁Custom s ▁and ▁the ▁Ser ious ▁Organ ised ▁Crime ▁Agency . ▁▁ 2 0 1 1 : ▁Major ▁Rest ruct uring ▁Plan ▁J JB ▁was ▁one ▁of ▁many ▁companies ▁that ▁had ▁under g one ▁major ▁rest ruct uring ▁and ▁change ▁due ▁to ▁the ▁re cess ion ▁and ▁faced ▁a ▁£ 3 1 . 5   mill ion ▁deb t , ▁the ▁closure ▁of ▁ 9 5 ▁stores ▁and ▁a ▁possible ▁host ile ▁take over ▁by ▁one ▁of ▁its ▁top ▁riv als , ▁J D ▁Sports , ▁as ▁of ▁February ▁ 2 0 1 1 . ▁The ▁firm ▁attempted ▁to ▁raise ▁£ 6 5   mill ion ▁in ▁fin ances ▁from ▁its ▁invest ors ▁on ▁ 7 ▁April ▁ 2 0 1 1 . ▁ ▁In ▁February ▁ 2 0 1 1 , ▁J JB ▁revealed ▁that ▁as ▁many ▁as ▁ 9 5 ▁of ▁its ▁stores ▁faced ▁closure ▁within ▁the ▁next ▁two ▁years , ▁and ▁had ▁asked ▁for ▁emer gency ▁£ 3 1 . 5 m ▁fund ing ▁on ▁ 1 1 ▁December ▁ 2 0 1 1 . ▁ ▁Administration ▁The ▁combined ▁fis cal ▁value ▁of ▁J JB ▁Sports ' ▁shares ▁had ▁tot aled ▁£ 5 0 0   mill ion ▁in ▁ 2 0 1 0 , ▁but ▁had ▁un predict ably ▁col lapsed ▁to ▁only