The Grenoble commercial court had placed the sporting goods specialist in receivership at the end of January, leaving potential candidates for the takeover of the group until Friday 2:00 p.m. to make themselves known.

Go Sport employs just over 2,000 people.

"HPB confirms its plan to present a plan for the continuation of Go Sport's activity as part of the company's receivership," said a spokesperson for the group in a message to AFP.

France Info then Mediapart had revealed the information on Friday at the start of the day.

The day before, the general manager of Go Sport, Patrick Puy, had been dismissed by the parent company Hermione People & Brands (HPB), two months after his arrival, without HPB speaking on the reasons for this dismissal.

Quoted by France Info, Patrick Puy said, about Michel Ohayon: "he claims that I was a brake on a continuation plan".

These announcements come as the candidates for the takeover for the sports distributor, which has been in deficit for years and bought at the end of 2021 for a symbolic euro by HPB, had until Friday 2 p.m. to make themselves known.

The sports store chain Intersport must make a takeover offer, AFP learned Thursday from a source familiar with the matter confirming information from Les Echos, while the name of the British specialist Sports Direct is also put forward.

Michel Ohayon is currently in turmoil between financial difficulties and a judicial investigation.

An investigation was initially opened by the Grenoble prosecutor's office for "abuse of social good" within Go Sport, but was later widened.

The offenses sought were extended by the Paris prosecutor's office to "organized gang scams, usual money laundering, bankruptcy and abuse of social property", said the Grenoble prosecutor's office at the end of February, confirming information from Le Monde.

According to the daily, the investigation could thus be extended to all the companies of the Financière immobilière bordelaise (FIB), investment fund of the businessman Michel Ohayon and its distribution branch HPB (Hermione, People & Brands ), parent company of Go Sport.

© 2023 AFP