Troubled sportswear group JJB Sports has confirmed its plans for a rights issue to raise £100m are now back on track after it suspended the cash call on Friday after rumours surrounding executive chairman Sir David Jones. JJB said it became aware of rumours on Friday morning, which were in relation to Sir David Jones' personal financial affairs, and decided to delay the proposed capital raising until it had the opportunity to investigate further. The board has now concluded its investigation and found these rumours to be totally unfounded. 'The board is very concerned by the timing and concerted nature of these rumours and has passed on full details, with the results of its investigation, to the relevant regulatory authorities.' it added. The statement added that the board remains fully supportive of Sir David Jones and committed to proceeding with a capital raising, where it says it received expressions of interest for three times the £100m it intends to raise during pre-marketing last week. Friday's delay in the rights issue is the latest in a strong of controversies that have hit the firm in recent months.The retailer is involved in an OFT investigation after it reported rival Sports Direct over price-rigging and fraud. The OFT has begun an investigation but JJB has been given immunity for revealing the matter. The Serious Fraud Office is also conducting an inquiry but JJB said with the interim results that its investigation is focused on individuals not the company. Sir David Jones, meanwhile, had to pay back a £1.5m loan from Mike Ashley, the owner of Sports Direct and who also has a stake in JJB.JJB also recently reported a £42.9m interim loss and warned it only just averted bankruptcy in the first half of the year.The JJB board believes the £100m raised through the rights issue would secure its future.