Sports Café Holdings announced appointment of administrators Baker Tilly after the group's bankers confirmed that they could not provide further facilities, leaving the group with more than £10m in debt.
The chain's shares on AIM have now been suspended.
The group's administrators, Bruce Mackay and Alan Lovett of Baker Tilly Restructuring and Recovery LLP intend to keep the business trading until further notice.
The group began talks with bankers for an extension of banking facilities before the weekend, due to poor trading over the festive period and a slow start to the New Year.
In November the group also warned that 2007 profits would not meet market expectations, although it hoped for an improved performance this year.
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