Satellite Sports, a company that owns a nationwide chain of sports shops, has collapsed owing more than €1.2 million to the Revenue Commissioners.
The company, which operated 18 stores throughout the country at its peak, was wound up at a creditors' meeting last week and a liquidator was appointed. It is understood the company has debts of more than €2 million.
Sources close to the firm said the chain had suffered from cashflow difficulties and a...
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