'Footballers’ Wives' and 'Bad Girls' maker Shed Media is to buy rival TV production company Wall to Wall for up to £25m (€34.9m).

Footballers’ Wives has been axed after five years of over-the-top goings-on at Earls Park FC.

The team behind hit television show Footballers’ Wives may be about to net a multi-million pound windfall by floating their company on the stock market, it emerged today.

The maker of Footballers’ Wives defended the ITV1 drama against claims by the Archbishop of Canterbury that it reflected all that was wrong with the morality of Britain.