SBC News Out of play... Squawka in danger of going out of business

Out of play… Squawka in danger of going out of business

Popular football analysis and news website Squawka (Squawka.com) is fighting to stay in business, as it’s reported that its senior management team is in current discussions with administrators.

Last week, Co-founder Leo Harrison tweeted that he was hopeful that Squawka could remain in business, further stating that there was a ‘real possibility of finding a solution’.

At present, the Squawka website has not been updated since 31 October. The London-based enterprise employs a reported 35-staff members, who have taken to Twitter to express their disappointment at developments concerning the company’s future.

Launched in 2012, Squawka combined match statistics, visual data and in-depth content to engage football fans through multiple digital channels. Squawka has gained a significant following on social media verticals, with a current Twitter following of + 850,000 and a Facebook group of 750,000 followers.

Further assets see Squawka operate a popular football news and analysis app, and a website which features amongst the UK’s most visited sports news portals (Similar Web).

Squawka’s rapid growth has seen the company secure $3 million in venture funding (Crunchbase) to date, with international media publisher Fremantle Media reported to be a high profile investor.

Little is known with regards to Squawka’s operating troubles. At present Squawka management has made no official comment regarding the company’s current situation.

Check Also

SBC News LAHC orders Mayor Khan to implement TfL gambling ad ban

LAHC orders Mayor Khan to implement TfL gambling ad ban

London Mayor, Sadiq Khan, has been urged to fulfill his 2021 manifesto commitment and introduce …

Maarten Haijer, Secretary General of EGBA

Maarten Haijer, EGBA: Europe requires greater cooperation on forthcoming gambling resolutions

Ahead of ICE London’s opening day, Maarten Haijer, Secretary General of the European Gaming and …

SBC News Niccolo Cassettari: Logifuture’s laser-focus commitment to emerging markets

Niccolo Cassettari: Logifuture’s laser-focus commitment to emerging markets

Niccolo Cassettari, Chief Business Development Officer at Logifuture, talks about the company’s multi-faceted approach to …