Rage Software calls in receivers

The software company that makes the David Beckham Soccer Game has collapsed, with the loss of 77 jobs.

Receivers have been appointed by Liverpool-based computer game firm Rage Software, ending hopes that a rescue package could be put together. The Liverpool-based firm is now likely to be broken up, and any new games it is working on sold off.

The future of the remaining 85 staff will depend on the sale of the intellectual property rights of games currently in development.

The company, which also has staff in Newcastle, Warrington, Bristol and Birmingham, has an annual turnover of £12.3m.

News source: BBC

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