Gavin McConnon and Brendan Spratt, who co-own Dumbbell Fitness Ltd, have run out of road for their chain of F45 gyms. In a letter to their creditors, they give their account of what went so wrong for the company.
Gavin McConnon brought the first F45 gym into Ireland in 2017 with grand ambitions. But behind on payroll taxes and with more than €200,000 of warehoused Revenue debt, the Sheriff came calling. A liquidator is now being appointed.
As the pandemic rages on, fitness businesses are facing danger once more. Some of the major players in the sport and leisure market discuss what they've done to cope with challenges presented by Covid-19 and their plans for the future.
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