Could Game be saved by Comet's owners?

15 March 2012

game-logo Game could yet be saved from the fate of certain death, as they’ve been handed a potential lifeline from OpCapita, the company that recently saved Comet. Hurrah! Possibly.

OpCapita are said to be in talks with Game’s lenders, RBS, with a view to buying up its debt and settling those troublesome bills with suppliers. However, any deal would probably mean the closure of a major chunk of the 600 UK Game stores.

Comet have recently seen store closures, cost-cuttings and all manner of changes in an attempt to keep the chain afloat and it looks certain that the same strategy would be applied to Game and Gamestation if OpCapita got their paws on the company. Although as Game are currently unable to stock top games from the likes of Electronic Arts (EA), Nintendo, Tecmo Koei and Capcom, anything would be better than nothing.

Elsewhere, it has been reported that Asda owner Walmart are showing an interest in snapping up the troubled company, although the American retail giant has so far refused to comment.

TOPICS:   Games   High Street News


  • Marky M.
    Wouldn't Comet's owners be better off saving Comet?
  • MinstrelMan
    7 investors have all showed major interest in Game in the last 24 hours, non of them being Opcapita, this is just speculation.
  • Jan
    There's 2 Game stores, 1 Game concession store in Debenhams and 1 Gamestation on the same half mile stretch of high street in Plymouth. I'm sure a couple won't be missed.
  • YeahRight
    By 'save' I presume you mean 'strip the company bare and become an online only business (at best)' within 18 months, as is basically going to happen with Comet.
  • Alex B.
    @Jan, similarly in central Bristol - one in the Galleries, one in Cabot Circus, and a Gamestation in Broadmead. And then another Game in the out-of-town Mall at Cribbs Causeway.
  • Sicknote
    Any asset realisation to be had from Game is worth more to any investor after they've gone pop.
  • Tim
    Gamestation is the decent store with people in there who like games and seem to care. Or care slightly more anyway. As something else I read somewhere said, Game is more for the clueless parents buying for their kids. Gamestation is for gamers. Anyway, close Game stores, keep Gamestation, the rest online. That's a sensible plan. Sure staff are out the door, but they can go get jobs in PC World and Halfords with their skills ;) (they'd probably be over qualified!).
  • Mike H.
    That's daft. Surely Comet and ASDA would be better off with GAME/Gamestation out of the way?
  • Get F.
    Hi my friend! I want to say that this post is awesome, great written and include almost all important infos. I would like to see extra posts like this .

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