Intersport Spain has been ordered by the court in Barcelona to enter liquidation after it failed to obtain approval from creditors and banks for a debt restructuring plan.
The liquidation move was confirmed by Barcelona’s Court No. 3, which is ordering the three companies comprising the Group (Intersport SL, Intersport Retail One SL and Intersports CCS SA) into liquidation, according to a report from Palco23.
Intersport Spain, in February 2025, filed for voluntary administration in a Barcelona commercial court, aiming to sustain its operations. According to the report, Intersport Spain was unable to find an investor during bankruptcy proceedings, and a plan that called for a 70 percent write-off of debt was rejected by lenders.
Intersport Spain’s website was reportedly shut down at the start of summer due to inventory shortages. The group’s 130 stores operating in Spain will remain open until the end of the summer.
The bankruptcy administration is in the hands of the RCD Legal firm, which plans to present the special liquidation rules in September. After presenting these rules, the administrator will attempt to sell the business while preserving as many productive units as possible to obtain the most beneficial terms for employees and creditors.
One suitor may be Intersport France, which has already expressed its willingness to acquire various assets.
Image courtesy Intersport Spain
