Gyms in the Philippines List Removed

List of Fitness Gyms in the Philippines

In conclusion, several major gyms in the Philippines have benefited from ‘free advertising’ on our site for 5-6 months. Therefore today, that now ends.

Please email pinoyathletics@gmail.com to negotiate rates.

 

• From our great listings of Track Ovals in the Philippines

• pinoyathletics.info has removed our section on the list of gyms

 

• Therefore we are not in the habit anymore of providing free advertising.

 

• Most large commercial gyms have money, so now they can pay for advertising reach and other companies seeking advertising.

 

• Also, pinoyathletics.info has
  • 80,000 people on our mailing list
  • 23,000 FB Followers,
  • and 5000+ on Youtube.

 

• Therefore we have a large reach and niche in the Philippine Sports market. What we are paid in advertising will definitely be covered in clients and revenue gained from sports companies in the Philippines.

  As Gyms are currently closed due to #COVID-19, we present the public with some home workout ideas.

Golds Gym files for Bankruptcy amid Covid-19

Golds Gym files for Bankruptcy amid Covid-19

Gold’s Gym has filed for Chapter 11 bankruptcy protection, the company announced Monday. Its 700 gyms worldwide will stay open as it looks to restructure during the coronavirus pandemic that has virtually shut down the entire U.S. economy.

Last month, Gold’s Gym permanently closed about 30 company-owned gyms during the COVID-19 outbreak.

The company at the time said the decision was made “to maintain the strength and growth of the potential of the brand as well as ensure the continued viability of the company for decades to come.”

The company said the filing Monday will not further impact its current operations and plans to emerge from bankruptcy by August.

“The company will be seeking court approval to continue paying suppliers, vendors, and employees in the ordinary course on a go-forward basis,” they explained. “No single factor has caused more harm to our business than the current COVID-19 global pandemic.”

The company hopes to emerge from Chapter 11 bankruptcy by Aug. 1 at the latest and says it will keep paying vendors and suppliers while under court protection.

The Dallas-based company is carrying between $50 million and $100 million in debt, with assets in the same range … according to the bankruptcy filing.

Gold’s Gym, which is mostly franchised, says

“the bankruptcy will have no further impact on current operations while under court supervision” .

.. and despite dozens of closures, Gold’s Gym still has nearly 700 locations.

The gym giant says it’s had to furlough the majority of its staff, about 4,600 strong.

The filing underscores how hard the fitness industry’s been hit by shelter-in-place orders. There are reports 24-hour Fitness is also considering bankruptcy.

Sources:

1. https://www.cbsnews.com/news/golds-gym-files-for-chapter-11-bankruptcy-coronavirus-pandemic-today-2020-05-04/
2. https://www.tmz.com/2020/05/04/golds-gym-files-for-bankruptcy-chapter-11-coronavirus-covid-19/

 

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