ITV sale could hit English football clubs

Fears were growing today for the future of some Football League clubs after the administrators of loss-making broadcaster ITV Digital announced they were putting the business up for sale.

Fears were growing today for the future of some Football League clubs after the administrators of loss-making broadcaster ITV Digital announced they were putting the business up for sale.

Deloitte & Touche said it had ‘‘not been possible’’ to restructure ITV Digital’s cost base and it was therefore looking to sell the business.

‘‘We are now in discussions with the Independent Television Commission (ITC) about an accelerated process leading to a sale as a going concern,’’ said administrator Nick Dargan.

The ITC added viewers who receive TV services via ITV Digital would not lose them while the sale process goes on.

A more detailed announcement about the process would be made on Thursday April 25, it said.

ITV Digital is co-owned by broadcasters Granada and Carlton Communications and was put into voluntary administration last month.

ITV Digital struck a three-year, €514m deal with the Football League in June 2000 to show Nationwide League games,

However, ITV Digital was hit by the slow take-up of its service and mounting debts, and said last month it could no longer afford to pay the remaining €290m still owing.

More in this section

Lunchtime
News Wrap

A lunchtime summary of content highlights on the Irish Examiner website. Delivered at 1pm each day.

Sign up
Revoiced
Newsletter

Our Covid-free newsletter brings together some of the best bits from irishexaminer.com, as chosen by our editor, direct to your inbox every Monday.

Sign up