A report from MCV has suggested that the GAME Group may well be facing administration in two weeks,
"Senior staff were told at a meeting with CEO Ian Shepherd earlier this week that the chain has approximately two weeks to turn its fortunes around," reads the report.
It would appear that a buyout from US rival GameStop or other investor is the only hope for survival, with today's Fire Sale having already rung alarm bells, as the chain tries to inject some cash into proceedings.
"Should a deal with GameStop not be agreed in the coming days then GAME Group is readying a move into administration, possibly with a pre-package acquisition already planned for its would-be suitor," continues the report.
When asked for a statement, a GAME spokesperson said that it does not comment on rumour or speculation.
Whatever our thoughts on the chain's retail practices, our thoughts go out to GAME Group employees during this difficult period.