Vimercate New Life indoor gym
(Photo by Michele Boni)
After the New Life gyms were declared bankrupt by the Monza court in Vimercate, large banners that read “We are back” still hang in the window in addition to the opening hours. In reality, the fitness center in Piazza Marconi has closed its doors and since Wednesday the lights have been off and the 50 employees have not even a shadow.
On behalf of Matteo Annoni there is only a sign for customers to declare the company’s bankruptcy: «The gym will be temporarily closed from 13 October due to bankruptcy. Curators will contact you for appropriate information ». But everything was still working until Tuesday, October 12, when news broke that two fitness centers in Monza and Vimercate had just failed at the headquarters in Piazza Marconi. Customers now numbering in the hundreds, hoping that even if the company owes around one million euros, at least the registration fee will be repaid.
It certainly won’t be easy to be refinanced by those in both Vimercate and Monza who are struggling to pay rent and financially expose themselves with the banks to pay the 90 employees split between the two gyms.
A letter to shareholders, signed by Annoni, also arrived Wednesday evening, acknowledging it “sorry for New Life’s declaration of bankruptcy by the Monza court, which had denied eviction a few months ago.” The bankruptcy request because the partial payment of the rents of the buildings where the sports halls operate is not due to the bankruptcy, but only to the pandemic and therefore the closure of the workplace by zeroing the revenues. To clarify, New Life has paid substantial advances in any case and has always paid by February 2020, as agreed by the lessors themselves in these procedures.” accumulated.
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