Man U `will not use its TV vote'
Saturday 20 March 1999
The concession, which Manchester United and BSkyB offered to the Monopolies and Mergers Commission when the watchdog was compiling its report on the takeover, is likely to be included as a condition the Premiership club has to meet if the deal is agreed.
The MMC report has now been passed to Stephen Byers, the Trade and Industry Secretary, who is likely to rule on the takeover in the next few weeks.
The report has been the subject of intense speculation, with reports in the past week suggesting the MMC had concluded the takeover was against the public interest. Nevertheless BSkyB, 40 per cent owned byRupert Murdoch, believes the takeover could be cleared if the two companies agree to stringent conditions.
The conditions would have to be agreed with the Office of Fair Trading, which would be responsible for policing them. Both the MMC and OFT are thought to have expressed doubts over whether BSkyB and Manchester United could be made to observe the conditions.
Rival media companies argue that Manchester United could use its position on the Premier League board to help BSkyB keep its grip on television rights. Manchester United and BSkyB initially rejected the claim, but eventually conceded in the hope that it would improve their chances of an MMC go-ahead.
- 1 Tunisia hotel attack: Locals form 'human shield' to protect hotel from gunman Seifeddine Rezgui
- 2 Optical illusion turns blue demon into brunette
- 3 German ethics council calls for incest between siblings to be legalised by Government
- 4 Saudi Prince Alwaleed bin Talal to donate entire $32bn fortune to charity
- 5 Mystery sea creature - with 'fur' and 'a beak' - washes up on remote Russian beach, baffling scientists
The map showing the most dangerous tourist destinations in Europe, according to the Foreign Office
Jennifer Garner and Ben Affleck divorce: Memorable quotes from one of Hollywood's most scrutinised couples
German ethics council calls for incest between siblings to be legalised by Government
Saudi Prince Alwaleed bin Talal to donate entire $32bn fortune to charity
Forget little green men – aliens will look like humans, says Cambridge University evolution expert
The moment a Queen's Guard soldier lost it and drew his gun at annoying tourist
Greece crisis: IMF was pushed around by Angela Merkel and Nicholas Sarkozy – and now it is being humiliated
Greece crisis: The wider lesson is that it’s time to abandon this failed experiment in currencies
'I wish the BBC would stop calling it Islamic State' – David Cameron unleashes frustration at broadcaster
They are neither a 'state' nor 'Islamic': Why we shouldn't call them Isis, Isil or IS
Girl, 7, stares down hate preacher at Ohio festival with pro-LGBT rainbow flag gesture
iJobs Money & Business
£15000 - £16000 per annum: Recruitment Genius: Customer Service Advisors are r...
£20000 - £25000 per annum + OTE £45K: SThree: SThree were established in 1986....
£40000 - £60000 per annum: Recruitment Genius: A Compliance Manager is require...
£22500 - £27000 per annum + OTE £45K: SThree: Since our inception in 1986, STh...