BREAKING NEWS
NZ swimmer Lauren Boyle wins Commonwealth Games gold in the 400m freestyle ... More soon
Close

Wellington gym chain in financial strife

Last updated 07:15 08/05/2012

Relevant offers

Wellington's oldest gym chain, Sports-Wide, is more than $1 million behind in taxes and may face liquidation.

The company, which owns The Atrium on The Terrace and another gym in Willis St, has a May 21 deadline to arrange a payment plan with Inland Revenue, NBR Online reported.

In the High Court at Wellington yesterday, Associate Judge Tony Christiansen said he would allow the chain "one final chance". An order for liquidation would be made if no agreement was reached.

The first Sports-Wide fitness club opened in 1983.

Ad Feedback

Comments

Special offers
Opinion poll

What effect will a potential ban on booze at Rugby Sevens 2015 have on you?

I'd no longer go ... what's the point?

I'd buy a ticket, with rugby the priority again.

Ban or no ban, I'm still going.

I'd rather watch 'Wheel of Fortune' on a 24/7 loop than 7s.

Vote Result

Related story: Booze ban hovers over sevens

Featured Promotions

Sponsored Content