Game UK states that it is “in good shape”

Game Stores May Face Administration

<p>Gamers in the UK may remember earlier this year when Game &lpar;Who also owns the chain&semi; &&num;8220&semi;Game Station&&num;8221&semi;&rpar; went into administration&period; With news breaking that Comet has collapsed many looked towards Game as they are both owned by OpCapita&period;<&sol;p>&NewLine;<p>Game CEO Marty Gibbs set to assure gamers by saying that the retailer is doing well and is set to make £20 million by the end of the current financial year&period;<&sol;p>&NewLine;<p>It isn&&num;8217&semi;t all flowers and roses however as Game still has £106 million of loans held in the form of &&num;8220&semi;payment in kind&&num;8221&semi; notes&period; <a href&equals;"http&colon;&sol;&sol;www&period;telegraph&period;co&period;uk&sol;finance&sol;newsbysector&sol;retailandconsumer&sol;9669680&sol;Game-Group-20m-lift-despite-fears-over-Comet-links&period;html">The Sunday Telegraph<&sol;a> calculated that Game could be making annual interest payments of £10 million&period;<&sol;p>&NewLine;<p>Do you think that the Game chain will continue to survive&quest;<&sol;p>&NewLine;<blockquote><p>&lbrack;Source&colon; <a href&equals;"http&colon;&sol;&sol;www&period;eurogamer&period;net&sol;articles&sol;2012-11-12-game-claims-its-in-good-shape-and-will-make-20m-this-year">Euro Gamer<&sol;a>&rsqb;<&sol;p><&sol;blockquote>&NewLine;

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