By Jonathan Davies
Former JJB Sports chief executive Christopher Ronnie has been jailed for four years for "very greedy fraud".
Christopher Ronnie, 52, of Wilmslow in Cheshire, was found guilty in November of taking backhanders worth £1 million from JJB's suppliers in 2008.
Ronnie used the six figure payments to buy a property in Florida, London's Southwark Crown Court heard.
Judge Nicholas Loraine-Smith said Ronnie had shown "flagrant and disgraceful breach" of his responsibility as chief executive.
He was £11m in debt with Icelandic Bank Kaupthing Singer Friedlander when he took the payments. He claimed he would be able to provide evidence of his loans and assets, but he falsified information.
Sports good supplier, Performance Brand, made a payment of £650,000 in February 2008. In June, he received $380,000 (£197,000) from another supplier Fashion and Sport. Finally, later in 2008 Fashion and Sport made another payment worth $250,000 (£134,000).
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