JJB Sports, the U.K. sports retailer, is considering selling new shares as one of “a range of possible options” to provide more cash for the group. The company confirmed “it is reviewing a range of possible options to provide additional capital for the group.”

The Wigan-UK-based retailer said in a statement, that these options include the disposal of further non-core assets, an extension in the maturity date of the company’s working capital facility, beyond September 2010, and a possible equity capital raising by way of a placing and open offer.”

JJB is planning to raise at least 50 million pounds ($82 million) in a share sale in the next four to six weeks, the London-based Times reported.