Will BSkyB get the red card?

Article Abstract:

The ruling by the UK Monopolies and Mergers Commission on British Sky Broadcasting's (BSkyB) planned 628 million pounds sterling purchase of Manchester United football club will play a role in determining the future of both professional football and sport on television. It is clear that a very detailed investigation has been undertaken, with a number of rival media groups having attempted to undermine BSkyB's position. A key complaint has been that the deal would give BSkyB an advantage in negotiating television rights with the Premier League.

Comment:

Has reported that UK Monopolies and Mergers Commission will rule on its acquisition by BSkyB

United Kingdom, Asset sales & divestitures, Acquisitions & mergers, Telephone communications, exc. radio, Satellite Telecommunications, Professional Soccer, Satellite TV Communications, Direct broadcast satellite television industry, Satellite television, Satellite television industry, Sports franchises

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Talks with Carlton could lead to takeover of Arsenal

Article Abstract:

Television group Carlton Communications may make a takeover bid for Arsenal Football Club. This led to a sharp rise in the value of shares in Arsenal, with the club now being valued at 240 million pounds sterling. Any takeover would have to be approved by a majority of Arsenal's four main shareholders. Experts believe that Arsenal will probably not agree to a full takeover, but that Carlton may obtain a strategic shareholding in return for a cash contribution.

Carlton Communications PLC, Arsenal Football Club Ltd.

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'Murdoch Utd' plot hatched in Italy

Article Abstract:

Rupert Murdoch began considering purchasing a UK football club when it was made clear to him by Italian media mogul Silvio Berlusconi that British Sky Broadcasting (BSkyB) needed to purchase a club if it was to retain the television rights to important matches. It was known that Manchester United Chief Executive Martin Edwards wished to sell his 14% share in the club, and BSkyB Chief Executive Mark Booth therefore instigated negotiations with him.

Mergers, acquisitions and divestments

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