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Daily Sport Goes T**ts Up


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Sport Media Group PLC Administration

TIDMSPMG

SPORT MEDIA GROUP PLC

("Sport Media", "SPMG" or "the Company")

ADMINISTRATION

Further to the announcement made this morning, the Company announces that as a

result of its inability to meet certain creditors as they fall due, the Company

has today ceased trading with immediate effect. The Company is in the process

of appointing administrators and will update the market once an appointment has

been confirmed.

For further information, please contact:

Sport Media Group Plc

Andrew Fickling, Chief Executive Officer

Neil Robertson, Group Finance Director Tel: + 44 (0) 161 236 4466

www.sportmediagroup.co.uk

Daniel Stewart & Company plc

Oliver Rigby/Noelle Greenaway Tel: + 44 (0) 20 7776 6550

www.danielstewart.co.uk

This announcement is distributed by Thomson Reuters on behalf of

Thomson Reuters clients. The owner of this announcement warrants that:

(i) the releases contained herein are protected by copyright and

other applicable laws; and

(ii) they are solely responsible for the content, accuracy and

originality of the information contained therein.

Source: Sport Media Group PLC via Thomson Reuters ONE

[HUG£1502833]

(END) Dow Jones Newswires

April 01, 2011 11:43 ET (15:43 GMT)

http://investors.interactiveworld.com/

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Alworths (stared by former Woolworths management) gone today as well.

It was rent quarter end of last month which I guess tested balance sheets for quite a few businesses.

Shame hopefully Wellworths in Dorchester are still going. I admired the way the previous manager reopened the shop under a media fanfare.

Wellworths

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Some good news

BREAKING Daily Sport and Sunday Sport owner Sport Media Group says it's ceased trading and will go into administration

Link to follow

Good. I'm genuinely glad that nasty little rag has gone.

It was just a cynical device to farm money from lonely men with low IQ's who couldn't get laid.

However, it's pioneering coverage of disability issue's will be remembered by many with some fondness.

417075.jpg

Edited by Jack's Creation
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Alworths (stared by former Woolworths management) gone today as well.

It was rent quarter end of last month which I guess tested balance sheets for quite a few businesses.

Thanks. Any views on JJB? (They seem to be plodding along, and always pull a rabbit out if the hat)

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The dirty pornographer David Sullivan lives near to my town (he lives in Theydon Bois, home of the tasteless bling coke heads of the Essex/London borders).

Unfortunately this won't harm him as he flogged the paper for 40M in 2007 according to Whankypedia.

Edited by Tin Foil Hat
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