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Getbig Main Boards => Gossip & Opinions => Topic started by: Ron on May 04, 2020, 02:23:49 PM

Title: Gold's Gym files for Bankruptcy
Post by: Ron on May 04, 2020, 02:23:49 PM

And it begins...


https://www.businessinsider.com/golds-gym-bankruptcy-coronavirus-pandemic-2020-5



Gold's Gym filed for Chapter 11 bankruptcy protection on Monday. The gym chain had temporarily closed locations during the coronavirus pandemic. It later announced it would close 30 company-owned locations for good.

"We want to be 100 percent clear that Gold's Gym is not going out of business," President and CEO Adam Zeitsiff said in a press release. "The brand is strong, and we'll continue to innovate and grow our digital business, our licensing program and our global footprint as we focus on serving our millions of members across the world.

"We want to be 100 percent clear that Gold's Gym is not going out of business," President and CEO Adam Zeitsiff said in a press release. "The brand is strong, and we'll continue to innovate and grow our digital business, our licensing program and our global footprint as we focus on serving our millions of members across the world."

The company referred to difficulties brought on by the coronavirus pandemic and said it hoped to reemerge from bankruptcy proceedings by August 1.
Title: Re: Gold's Gym files for Bankruptcy
Post by: US MUSL on May 04, 2020, 02:32:42 PM
All the Golds Gyms in my area (Stl Mo) permanently closed.

Title: Re: Gold's Gym files for Bankruptcy
Post by: Rambone on May 04, 2020, 02:46:18 PM
All the Golds Gyms in my area (Stl Mo) permanently closed.

Same here. The last Gold’s I’ve seen in South Florida was sold or went out of business about two years ago
Title: Re: Gold's Gym files for Bankruptcy
Post by: a_pupil on May 04, 2020, 03:03:21 PM
trump needs to allow gyms to sell roids under the counter.
Title: Re: Gold's Gym files for Bankruptcy
Post by: chaos on May 04, 2020, 03:16:32 PM
And it begins...


https://www.businessinsider.com/golds-gym-bankruptcy-coronavirus-pandemic-2020-5



Gold's Gym filed for Chapter 11 bankruptcy protection on Monday. The gym chain had temporarily closed locations during the coronavirus pandemic. It later announced it would close 30 company-owned locations for good.

"We want to be 100 percent clear that Gold's Gym is not going out of business," President and CEO Adam Zeitsiff said in a press release. "The brand is strong, and we'll continue to innovate and grow our digital business, our licensing program and our global footprint as we focus on serving our millions of members across the world.

"We want to be 100 percent clear that Gold's Gym is not going out of business," President and CEO Adam Zeitsiff said in a press release. "The brand is strong, and we'll continue to innovate and grow our digital business, our licensing program and our global footprint as we focus on serving our millions of members across the world."

The company referred to difficulties brought on by the coronavirus pandemic and said it hoped to reemerge from bankruptcy proceedings by August 1.
Thanks china ::)
Title: Re: Gold's Gym files for Bankruptcy
Post by: Mr Anabolic on May 04, 2020, 04:13:59 PM
I didn't think any still existed outside Venice.
Title: Re: Gold's Gym files for Bankruptcy
Post by: IroNat on May 04, 2020, 04:17:15 PM
Chapter 11 is bullsh*t reorganization bankruptcy.

Just a legal way to stiff creditors and continue on in business.

Chapter 7 is the real bankruptcy.

Title: Re: Gold's Gym files for Bankruptcy
Post by: Primemuscle on May 04, 2020, 04:43:36 PM
Chapter 11 is bullsh*t reorganization bankruptcy.

Just a legal way to stiff creditors and continue on in business.

Chapter 7 is the real bankruptcy.

Yup!
Title: Re: Gold's Gym files for Bankruptcy
Post by: SF1900 on May 04, 2020, 04:49:34 PM
No one cares about Golds. It’s a dinosaur.

Bodybuilding is dead.
Title: Re: Gold's Gym files for Bankruptcy
Post by: Rambone on May 04, 2020, 04:57:02 PM
No one cares about Golds. It’s a dinosaur.

Bodybuilding is dead.

(https://media1.giphy.com/media/oyF8cKgNtlYNG/source.gif)
Title: Re: Gold's Gym files for Bankruptcy
Post by: SF1900 on May 04, 2020, 04:57:38 PM
(https://media1.giphy.com/media/oyF8cKgNtlYNG/source.gif)

Rory was just as shocked, trust me.
Title: Re: Gold's Gym files for Bankruptcy
Post by: Rambone on May 04, 2020, 04:59:17 PM
Rory was just as shocked, trust me.

Rory needs to sign up on here immediately. This board needs more Rory and less Roast Beef Pecs
Title: Re: Gold's Gym files for Bankruptcy
Post by: Bevo on May 04, 2020, 05:02:06 PM
Thanks china ::)

It’s all the US fault, they could have just ignored everything and not shut down

60k deaths, now 30k+ plus in the US, haha hypocrisy at its best
Title: Re: Gold's Gym files for Bankruptcy
Post by: Bevo on May 04, 2020, 05:03:39 PM
No one cares about Golds. It’s a dinosaur.

Bodybuilding is dead.

X2

If golds Venice closes down, we should mourn O Hearn, callum, and the coach
Title: Re: Gold's Gym files for Bankruptcy
Post by: chaos on May 04, 2020, 05:07:52 PM
It’s all the US fault, they could have just ignored everything and not shut down

60k deaths, now 30k+ plus in the US, haha hypocrisy at its best
I blame china, if they wouldn't have released the Rona, we'd all be doing Monday leg day right now.
Title: Re: Gold's Gym files for Bankruptcy
Post by: SF1900 on May 04, 2020, 05:23:27 PM
Rory needs to sign up on here immediately. This board needs more Rory and less Roast Beef Pecs

Imagine if Roast Beef Pecs is Rory!  :o :o
Title: Re: Gold's Gym files for Bankruptcy
Post by: Skeletor on May 04, 2020, 05:33:30 PM
Here's the opportunity for Vince Goodrum to acquire Gold's Gym and expand the Caliber Fitness empire.
Title: Re: Gold's Gym files for Bankruptcy
Post by: cobra333 on May 04, 2020, 05:45:11 PM
The Golds Gym in Warren, michigan is kicking a..   The owner is ex powerlifting coach. Sweet a.. Gym ..
Title: Re: Gold's Gym files for Bankruptcy
Post by: Rambone on May 04, 2020, 05:57:14 PM
Imagine if Roast Beef Pecs is Rory!  :o :o

(https://media1.giphy.com/media/oyF8cKgNtlYNG/source.gif)
(https://media1.giphy.com/media/oyF8cKgNtlYNG/source.gif)
(https://media1.giphy.com/media/oyF8cKgNtlYNG/source.gif)
(https://media1.giphy.com/media/oyF8cKgNtlYNG/source.gif)
Title: Re: Gold's Gym files for Bankruptcy
Post by: OneMoreRep on May 04, 2020, 06:00:07 PM
I thought Gold's was dead, short of 1-3 locations in California.

"1"
Title: Re: Gold's Gym files for Bankruptcy
Post by: Gregzs on May 04, 2020, 06:05:58 PM
X2

If golds Venice closes down, we should mourn O Hearn, callum, and the coach

Arnold would probably buy it.
Title: Re: Gold's Gym files for Bankruptcy
Post by: Hypertrophy on May 04, 2020, 06:11:38 PM
Chapter 11 is bullsh*t reorganization bankruptcy.

Just a legal way to stiff creditors and continue on in business.

Chapter 7 is the real bankruptcy.

Hardly. Chap 11 let's a company survive while paying debts. It's a smart move. The government shut down gyms. How would you do anything different if your revenue source suddenly evaporated?
Title: Re: Gold's Gym files for Bankruptcy
Post by: Hypertrophy on May 04, 2020, 06:12:30 PM
Arnold would probably buy it.

No - Arnold only buys things so he can show off.  He has no use for Gold's.
Title: Re: Gold's Gym files for Bankruptcy
Post by: Irongrip400 on May 04, 2020, 06:17:29 PM
I’d say 8-10 years all the Golds near me turned into One Life. I thought it was because they went out of business. Didn’t know they were still a thing.
Title: Re: Gold's Gym files for Bankruptcy
Post by: pellius on May 04, 2020, 08:21:30 PM
Rory needs to sign up on here immediately. This board needs more Rory and less Roast Beef Pecs

X2
Title: Re: Gold's Gym files for Bankruptcy
Post by: pellius on May 04, 2020, 08:22:17 PM
I blame china, if they wouldn't have released the Rona, we'd all be doing Monday leg day right now.

Monday is the international Chest day.
Title: Re: Gold's Gym files for Bankruptcy
Post by: BB on May 04, 2020, 08:53:48 PM
No one cares about Golds. It’s a dinosaur.

Bodybuilding is dead.

How dare you!

There maybe stumbles along the way. Bodybuilders may no longer have Booster Briefs*, and have to settle for rolled up socks instead. The Gold's Gym maybe replaced by a Crossfit box or UFC gym. Room 7 at Mirage might have turned into a palace in Dubai.

But as long as there are men willing to don the sacred thong, there will always be bodybuilding. As long as there are men willing to hold the line, and occasionally step over it for a wealthy schmoe, there will be always bodybuilding. As long as there are men occasionally willing to have their arm pits fucked, then wither the cold gaze of the ice machine down the hall in the hopes of a plastic trophy..... There will always be bodybuilding! 

And don't you forget it.

;).



* - (http://www.getbig.com/boards/index.php?action=dlattach;topic=292092.0;attach=336541).
Title: Re: Gold's Gym files for Bankruptcy
Post by: Humble Narcissist on May 05, 2020, 04:31:14 AM
Monday is the international Chest day.
And that is the perfect name for it.  When I was in high school I would draw up the most detailed blueprint to become a muscle machine.  These programs would have dropped Lee Haney the Mr. Olympia at the time.  On Monday I would crush chest with an assortment of exercises, high volume and as much intensity as I could muster.  On Tuesday (back day) I was too sore and worn out so I took the day off.  On Wednesday it was time for legs but I hated training legs so I skipped that.  By Thursday I had already blown it for the week so I would take the rest off to go again on Monday which would again always be chest.

I had a toothpick body with awesome pecs.
Title: Re: Gold's Gym files for Bankruptcy
Post by: oldschoolfan on May 05, 2020, 06:31:22 AM
i live in michigan i dont think there are any golds here anymore, most of them went out of business in the 90's
Title: Re: Gold's Gym files for Bankruptcy
Post by: Taffin on May 05, 2020, 07:35:32 AM
No one cares about Golds. It’s a dinosaur.

Bodybuilding is dead.


No one cares about Golds. It’s a dinosaur.

Bodybuilding is dead.


(https://media1.giphy.com/media/oyF8cKgNtlYNG/source.gif)

(https://i.postimg.cc/VvWVyqSM/ezgif-com-video-to-gif.gif)
Title: Re: Gold's Gym files for Bankruptcy
Post by: Hypertrophy on May 05, 2020, 07:52:58 AM
which one is Mr Trumps favourite?

Because why? Does he own Gold's Gym? Just wondering. Most of your posts are retarded, lol
Title: Re: Gold's Gym files for Bankruptcy
Post by: Griffith on May 05, 2020, 08:02:12 AM
How many people will be cancelling their gym memberships when they are told they have to wear a mask at gym?
Title: Re: Gold's Gym files for Bankruptcy
Post by: Rambone on May 05, 2020, 08:30:15 AM

(https://media1.giphy.com/media/oyF8cKgNtlYNG/source.gif)


(https://i.postimg.cc/VvWVyqSM/ezgif-com-video-to-gif.gif)

Legit lol’d
Title: Re: Gold's Gym files for Bankruptcy
Post by: Sissysquats on May 05, 2020, 09:27:33 AM
24 hr May be in line for the same thing.
Title: Re: Gold's Gym files for Bankruptcy
Post by: SF1900 on May 05, 2020, 09:55:26 AM
How dare you!

There maybe stumbles along the way. Bodybuilders may no longer have Booster Briefs*, and have to settle for rolled up socks instead. The Gold's Gym maybe replaced by a Crossfit box or UFC gym. Room 7 at Mirage might have turned into a palace in Dubai.

But as long as there are men willing to don the sacred thong, there will always be bodybuilding. As long as there are men willing to hold the line, and occasionally step over it for a wealthy schmoe, there will be always bodybuilding. As long as there are men occasionally willing to have their arm pits fucked, then wither the cold gaze of the ice machine down the hall in the hopes of a plastic trophy..... There will always be bodybuilding! 

And don't you forget it.

;).



* - (http://www.getbig.com/boards/index.php?action=dlattach;topic=292092.0;attach=336541).

BB, want me to purchase you one of those?
Title: Re: Gold's Gym files for Bankruptcy
Post by: SF1900 on May 05, 2020, 09:56:18 AM
(https://media1.giphy.com/media/oyF8cKgNtlYNG/source.gif)
(https://media1.giphy.com/media/oyF8cKgNtlYNG/source.gif)
(https://media1.giphy.com/media/oyF8cKgNtlYNG/source.gif)
(https://media1.giphy.com/media/oyF8cKgNtlYNG/source.gif)

lmao!!
Title: Re: Gold's Gym files for Bankruptcy
Post by: BB on May 05, 2020, 10:50:01 AM
BB, want me to purchase you one of those?

Sadly, I haven't reached Booster Brief status, it is the Rolls Royce of padded thongs.
Title: Re: Gold's Gym files for Bankruptcy
Post by: Primemuscle on May 05, 2020, 12:58:14 PM
I blame china, if they wouldn't have released the Rona, we'd all be doing Monday leg day right now.

Did legs this morning at 1:00 a.m. So guess I did Tuesday leg day.