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29/10/2002

Football agreement closes book on ITV Digital fiasco

ITV giants Carlton and Granada have signed a deal with the Football League intended to bring an end to the financial debacle caused by the collapse of ITV Digital.
The contract, to be signed later this week, will add an extra £4m to the £2m already being paid for match highlights.
The collapse of ITV Digital was disastrous for the Football League, with their two chiefs resigning, and many clubs close to bankruptcy. Since the demise of ITV Digital, four clubs - Barnsley, Leicester City, Bradford and Bury - have gone into administration, with more expected to follow.
The contract features a clause that the Football League and their members cease criticising the Carlton and Granada publicly, or face the loss of some of these monies.
(GB)
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