ITV Digital could face imminent closure if a lower offer for media rights is not accepted by the Football League today, according to reports in today’s national press.
The troubled digital TV platform was meant to pay around £180m over for the rights to screen Nationwide League football games, but now, faced with financial pressure, it is thought to be offering £50m.
Such a drop in revenue from the media rights sale could cause financial difficulties for many of the 72 football clubs in the League. However, if ITV Digital, which recently appointed Deloitte & Touche to “restructure” third party deals including this one (see ITV Digital To Restructure; Merger Talks Revived?), goes under, the clubs could lose out completely.
Subscribers can access ten years of media news and analysis in the Archive
Media Jobs
Hello. We have downloaded cookies on your device. Some of these cookies are essential for the website to function. Others are non-essential and are used for analytics and advertising.
We need your consent for these types of cookies.
To withdraw your consent or change your cookie choices, please do this through your browser settings.
Otherwise, click OK to accept and continue.
