Mike Ashley Pops Out to Buy a Game

By Gary Cutlack on at

Not just any old game, not just the new shooting one or the new driving one, but the entire chain of shops operated by Game Digital. He'll then be able to waltz in and order staff to hand over any game he likes.

Ashley's latest attempt to buy a Struggling High Street Brand (TM) is an offer from his Sports Direct office of £51.9m to acquire the entirety of Game Digital, with Ashley's empire pitching this as a massive favour to Game. Sports Direct said it doesn't believe Game is "able to weather the pressures that it is facing" as a standalone business in today's desolate high street, hence the kind offer to have it and save it. Or at least some of it.

The plan is to eventually introduce Game concessions into Ashley's other businesses, which at time of writing include House of Fraser, Evans Cycles and Flannels, plus a chunk of French Connection. But obviously, as is often the post-Ashley threat, store closures, branch mergers and job losses are potentially on the cards, once the deal's done and the numbers have been run. [BBC]