A report over at Yahoo.uk
suggests that the troubled (in the UK) GAME retail business may finally be facing administration, causing some 10,000 people to potentially lose their jobs.
The site reports that GAME in the UK has put itself up for sale, and that quarterly rent on its 600 UK stores is due in a fortnight of writing, leaving them open to administration if no one sees potential in any kind of buy-out.
The retailer's trading difficulties deepened in recent weeks, despite it agreeing revised lending facilities with its banks last month.
But the loan was not enough to reassure suppliers, with Game reportedly losing the rights to sell keenly awaited fighting game Street Fighter X Tekken. Last month the retailer told gamers it would not be selling popular sci-fi game Mass Effect 3, supplied by Electronic Arts.
We've contacted local PR for GAME here in Australia to see if there's a knock-on effect expected, or any trouble at all locally, and will update this story when we get a response. In the meantime, we're hoping said 10,000 GAME employees aren't left out in the cold.