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Reeling from $8M in debt, River City Sports asks creditors for extension

One of the Prairies' best-known sports retailers is asking creditors to give them more time to finance and repay debt, financial documents obtained by the Winnipeg Free Press show.

COVID caused 'tremendous losses,' says president of major sports retailer

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Winnipeg Jets' fans get warmed up at the Whiteout Street Party prior to the second NHL playoff game against the St. Louis Blues during in Winnipeg on Friday, April 12, 2019.
Winnipeg Jets' fans sporting team jerseys get warmed up at the Whiteout Street Party prior to the second NHL playoff game against the St. Louis Blues in Winnipeg in April, 2019. (John Woods/The Canadian Press)

One of the Prairies' best-known sports retailers is asking creditors to give them more time to finance and repay debt, financial documents obtained by the Winnipeg Free Press show.

River City Sports, which touts itself as one of North America's largest suppliers of hockey merchandise, says it is not in a position to pay off debts accrued from more than 85 lenders because of flailing business amid the COVID-19 pandemic.

To read more on this story from the Winnipeg Free Press, click here.

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