The Sunday Business Post had started staff redundancies. Up to ten staff were to leave the company by 10 May 2013. Staff were also told about a third pay cut. Post Publications was also looking to reduce the amount paid to its landlord by €1 million per year. It was reported on 12 May 2013 that bidders for The Sunday Business Post included Michael Brophy, a former chief executive of Independent News & Media (Northern Ireland). On 15 May 2013, Post Publications was back in court. It reported that the examiner had failed to find a buyer in the first 70 days of the examinership. The examiner was given a final 30-day extension to find a buyer. If a buyer did not materialise, the examiner had to advise the court immediately. Annual revenue fell from €15.3 million to €7.3 million in the five years to 2013. Circulation revenue fell from €4.9 million to €3.6 million in the last 5 years to 2013. The newspaper had 76 full-time employees and 123 freelance contributors and made a loss of €1.2 million in the year to 2013. Paul Cooke and Key Capital Ownership (2013–2018) On 8 June 2013, it emerged that Key Capital, Paul Cooke and staff (6% equity for staff) had acquired The Sunday Business Post. Examinership ended on 19 June 2013. The new owners of the SBP, Brindisi Ltd, took out a €350,000 loan to part-fund the purchase. Several staff left the paper, including former chief executive Fiachra O'Riordan, former senior assistant editor Kieron Wood and former deputy chief sub-editor Garvan Grant. In the trading year for 2014, Post Publications Limited made a pre-tax loss of €628,000. Post Publications Limited paid €409,374 for redundancy payments and a new premises. Shareholders had pumped an additional €300,000 into the company; staff numbers had reduced again. Post Publications employed an average of 61 people in the year to the end of June 2014. Both circulation and advertising revenue remain "under pressure", the directors noted. In July 2014, Post Publications Ltd., the publisher of the paper, announced that Cliff Taylor would leave the paper after ten years as editor. Pat Leahy, the paper's deputy editor and political editor, was the paper's acting editor until Ian Kehoe was made editor. On 13 July 2016, it was announced that Paul Cooke had sold his stake to Key Capital. Cooke also resigned as managing director. The SBP became