UK video-game retailer GAME has taken formal steps that suggest it is facing a severe financial crisis, securing a brief legal breathing space while it evaluates next moves. The chain, owned by Frasers Group, has brought in law firm RPC to manage a short protection period from creditor action as it weighs possible options. The development was reported by Bloomberg and The Business Desk.

  • GAME has filed paperwork to trigger a short administrative protection period, signalling urgent financial distress.
  • Frasers Group remains the parent company while external legal advisers RPC have been appointed to manage the immediate process.
  • The move creates a roughly 10-day window during which creditors are paused and the business can consider restructuring, sale or formal administration.
  • Details on any planned rescue strategy, potential buyers or the possible impact on stores and staff have not been disclosed.
  • Reports originate from Bloomberg and The Business Desk; Nintendo Life covered the story based on those briefings.

Source: Nintendo Life

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