Tag Archives: game group

Senior execs depart GAME in company restructure

GAME has bid farewell to some of its most popular execs as it rebuilds for the future. Tricia Brennan (Chief Commercial Officer), Simon Soffe (Communications Director), Alex Vines (Head of Business Development and Insight), Robert Quinn (Operations Director) and Situl Thakrar (E-commerce Director) are all to leave the retail giant …

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GAME shares delisted from London Stock Exchange

The Financial Services Authority has delisted shares of GAME from the stock market this morning. The news comes after the retailer requested its complete removal from the London Stock Exchange yesterday. GAME Group securities have been cancelled from trading on the London Stock Exchange as well as two other investment …

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Martyn Gibbs is new GAME CEO

Martyn Gibbs has returned to GAME as the firm’s new CEO. Gibbs is a popular figure in the trade. He was MD of Gamestation when GAME swooped for the chain in 2007. He has been a key voice at the firm, even announcing the upcoming Gamefest at last year’s video …

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OpCapita winning eleventh hour deal to buy GAME UK, says Telegraph

Investment firm OpCapita WILL be the new owner of the UK GAME stores, according to the Telegraph. A report this evening from the national newspaper says that discussions this weekend has put the firm back in the lead to be the owner of the chain. OpCapital tabled a bid for …

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Royal Bank of Scotland tables GAME bid, papers claim

It appears to be a day of conflicting newspaper reports, with The Sunday Times reporting that RBS has offered to buy GAME out of administration. It follows a report in The Express, which says the deal to save GAME has collapsed. The Sunday Times writes that the state-owned bank is …

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‘One clear front runner’ for GAME

There is one clear front runner to buy GAME as part of a post-pack administration, sources close to the administrators have told MCV. GAME is not officially in administration yet. The High Street chain will name Mike Jervis and Stuart Maddison of PWC as their administrators. According to the Financial …

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Six bidders eye GAME UK

GAME UK has attracted the attention of "five or six" potential buyers, Retail Week is reporting. Meanwhile, a further 20 suitors are interested in the company’s international assets – with its Portugal and Spain outlets the most attractive prospects. As widely rumoured, GameStop is amongst the top suitors. But according …

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Report – GAME has one week to raise £180m

GAME Group is in a race to secure 180m to pay creditors or face administration, The Sunday Times reports. The specialist giant apparently has a 21m rent payment due on Sunday, a 12m wage bill due shortly after, and owes more than 10m in deferred VAT and 40m to video …

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OPINION: About that MCV cover…

GAME’s communications boss called me earlier. I am not a popular person at the retailer’s Basingstoke HQ right now. And for good reason. I’ve had hate mail from some of GAME’s 6,000 employees this morning. I am not a popular person at the retailer’s 600 shops right now. And for …

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Indies profit from GAME shortages

Small UK games retailers are thriving after customers flocked to them to buy Mass Effect 3. Indie retailers have seen sales spike as GAME fails to stock top new releases such as Street Fighter X Tekken, Mario Party 9 and the aforementioned Mass Effect. We’ve just had our best weekend …

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