GAME in process of paying debt, to open 18 stores

Tuesday, 7th May 2013 15:16 GMT By Stephany Nunneley

GAME has paid off paid private investment firm OpCapita and its backers £3.2 million in interest and “monitoring fees” toward the £103 million it owes the firm after brokered a deal to get the retailer out of administration. The figure was paid towards the balance in four months and the remaining balance will have 7.5% interest rate attached. GAME boss Martyn Gibbs told The Guardian the chain is expected to make £20 million in profit for the period ending July 31, and it plans to open 18 new stores during that time. Thanks, MCV.



  1. sg1974

    Very good news. Whatever you think of GAME, it is important for there to be a strong ‘bricks and mortar’ presence in gaming. Good for high street jobs also. Let’s just hope their owners pay the corporation tax due…

    #1 2 years ago
  2. dravenkaze

    ^^ what you say is true, but they fo suck and are a rip off shopto all the way

    #2 2 years ago

Comments are now closed on this article.