The Daily Sport and Sunday Sport have suspended publication and will go into administration, their owner has said. The announcement came after the group warned it had experienced an insufficient recovery since December. Sport Media
Group (SMG) said on its website that it had ceased trading because of its inability to meet certain creditors as they fall due and was in the process of appointing administrators. The Daily Sport was launched by David Sullivan in 1991,
following on from the Sunday Sport, first published in 1986. The papers made the biggest impact when edited by Tony Livesey. Under his tutelage, the Sunday edition in particular became known for its outlandish stories - such as World War Two Bomber
Found on the Moon . Update: Daily Sport rescued from the Sea of Tranquility 21st April 2011. The Sunday Sport will return to news-stands next month after one of its former owners saved the publication from
the brink of collapse. David Sullivan has revealed that he and former staff had set up a private joint venture to save the Sunday publication and it will relaunch on May 8. The Daily Sport is still in the hands of administrators.
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