If youíre going to put in recliners you have to remove it anyway.
Unfortunately itís paper covered press board so I donít think itís worth trying to repair it. But it is easy to remove, Iíd use it for a pattern to make one out of real wood. Stain it and give it a few coats of good clear finish so you wonít have to worry about cup marks anymore. If youíre not a woodworker, maybe a friend or relative? It would be better than a new one.