It's been a week already since my last post regarding the situation at Game and since then there has been some good news with the fact that today they came out of administration due to OpCapita finally securing the sale of the UK stores to Baker Acquisitions Limited.
It's great news for the staff at the remaining stores in the UK, unfortunately not for the staff at the other stores around the world which are still up for sale. Also not good news for the staff who were made redundant and who are having to fight to receive their money, including in Ireland where staff are having sit-ins in the stores.
It was also announced today that the former MD of Gamestation Martyn Gibbs (who was MD back in 2007 when Game and Gamestation merged) will be returning to the company as the new CEO.
Finally, after all this news, it was announced that Game has requested to be completely removed from the London Stock Exchange, meaning that shareholders will possibly not gain anything at all from the sale.
So after weeks of rumours and bad news it finally looks like that things may possibly be looking up, at least for the remaining staff. Let's just hope that Game have learnt some lessons along the way.