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Bloomberg
DW Sports, founded by former English soccer player David Whelan, filed for administration after the company had to close dozens of its gyms and retail stores due to the Covid-19 pandemic.
BDO LLP was appointed administrator of the UK retailer and said all the company’s approximately 1,700 jobs are “at risk of redundancy,†according to an emailed statement.
DW Sports has already closed 25 of its 75 retail sites in recent weeks, the firm said. The remainder of its sites will continue to trade during administration.