Sportsman shuts shop

The Sportsman shuts its doors as money runs out

The Sportsman, the troubled daily betting newspaper, has closed after just seven months following a breakdown in discussions about refinancing the title.

The title, which went into administration in July, was seeking a £3m-£4m cash injection to ensure it saw out its first year, but the title's closure was confirmed after a shareholder's meeting yesterday afternoon, with chairman Jeremy Deedes and the staff informed soon afterwards.

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