Popular football analysis and news website Squawka (Squawka.com) is fighting to stay in business, as its 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’.
Regarding the news @Squawka – we remain hopeful for a solution that will keep the business alive and our brilliant staff employed.
— Leo Harrison (@Leo_Harrison1) November 3, 2017
https://platform.twitter.com/widgets.js
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.
Source: SBC News
