John Wardle and David Makin, who founded JD Sports 20 years ago, have sold a 14% stake in the sports retailer for £21.5m.
The company plans to increase its outlets from 129 to up to 350 over the next five years.
Financial Times 02/06/01 page 15
The Daily Telegraph 02/06/01 page 27
The Guardian 02/06/01 page 24
The Times 02/06/01 page 50