In reply to Anonymous:
> (In reply to Martin W)
> So to clarify then.
>
> Sportsworld bought Nevissport.
> Nevissport went bust.
> KPMG then had offers from Sportsworld & trespass to buy Nevissport. (but surely sportsworld already owned it)
> Trespass won and now own Nevissport and Sportsworld are out of the picture.
>
> I think???
Kind of!
As far as I understand it:
Sportsworld never bought Nevisport directly it was bought by a holding company which had just been set up with the director being the main area manager for sportsworld.
Nevisport directors got annoyed at the way various methods used during the take over such as removing all the computers from a head office before the sale had gone through.
Nevisport put itself into liquidation and the liquidators(KPMG)considered Sportsworlds offer of £2.5m for all the shops and stock to low so put the company up for offers.
They also declared the company insolvent hence no pay for the staff.
Trespass bought Nevisport but as to their plans to which branches they are keeping open I have only heard that Glasgow will reopen along with Rose St, Middlesbrough, York and a couple of others that were still trading.
Please note this is what I have heard and may have been subject to hearsay and panic