Lord Sugar to step down from YouView amid 'tension rumours'

 

Lord Sugar is departing as chairman of YouView, the internet set-top box company which is backed by the BBC, BT, ITV and others, amid rumours of tension with some of the shareholders.

The Apprentice host will leave “in the next few weeks” after only two years in the non-executive, part-time role, which earned the multi-millionaire mogul £500,000 last year.

YouView has not lined up a replacement and will name a successor “in due course”.

One well-placed source said that Lord Sugar's famously robust manner in front of the cameras on The Apprentice TV show was not so different when he was chairing the joint venture whose other shareholders are Channel 4, Channel 5, TalkTalk and Arqiva.

A YouView spokesman declined to comment on suggestions that there was any tension in the boardroom.

Lord Sugar said in a statement: “When I joined YouView in 2011, my brief from the shareholders was to use my experience in the electronics industry to get the product to market and into the homes of consumers.

”Having done that successfully, my job is complete and I will now focus my time and attention into my other businesses.“

YouView allows viewers to watch live, record and catch up on any TV programme from the last seven days on all the free-to-air TV digital channels through the internet-enabled set-top box.

The venture was much-delayed when regulators opposed a previous incarnation, called Project Kangaroo, but it eventually launched last summer.

A spokesman claimed that YouView is ”now the fastest-growing TV platform in the UK“, although few numbers have been released so far about the sale of set-top boxes, which retail at £299 each.

Lord Sugar is said to be worth £800m, according to the Sunday Times Rich List.

Latest stories from i100
Have you tried new the Independent Digital Edition apps?
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

iJobs Job Widget
iJobs People

Recruitment Genius: Management Trainer

£30000 per annum: Recruitment Genius: Exciting career opportunity to join East...

Recruitment Genius: Senior Scientist / Research Assistant

£18000 - £28000 per annum: Recruitment Genius: An ambitious start-up company b...

Reach Volunteering: Chair of Trustees

VOLUNTARY ONLY - EXPENSES REIMBURSED: Reach Volunteering: Do you love the Engl...

Day In a Page

Mau Mau uprising: Kenyans still waiting for justice join class action over Britain's role in the emergency

Kenyans still waiting for justice over Mau Mau uprising

Thousands join class action over Britain's role in the emergency
Isis in Iraq: The trauma of the last six months has overwhelmed the remaining Christians in the country

The last Christians in Iraq

After 2,000 years, a community will try anything – including pretending to convert to Islam – to avoid losing everything, says Patrick Cockburn
Black Friday: Helpful discounts for Christmas shoppers, or cynical marketing by desperate retailers?

Helpful discounts for Christmas shoppers, or cynical marketing by desperate retailers?

Britain braced for Black Friday
Bill Cosby's persona goes from America's dad to date-rape drugs

From America's dad to date-rape drugs

Stories of Bill Cosby's alleged sexual assaults may have circulated widely in Hollywood, but they came as a shock to fans, says Rupert Cornwell
Clare Balding: 'Women's sport is kicking off at last'

Clare Balding: 'Women's sport is kicking off at last'

As fans flock to see England women's Wembley debut against Germany, the TV presenter on an exciting 'sea change'
Oh come, all ye multi-faithful: The Christmas jumper is in fashion, but should you wear your religion on your sleeve?

Oh come, all ye multi-faithful

The Christmas jumper is in fashion, but should you wear your religion on your sleeve?
Dr Charles Heatley: The GP off to do battle in the war against Ebola

The GP off to do battle in the war against Ebola

Dr Charles Heatley on joining the NHS volunteers' team bound for Sierra Leone
Flogging vlogging: First video bloggers conquered YouTube. Now they want us to buy their books

Flogging vlogging

First video bloggers conquered YouTube. Now they want us to buy their books
Saturday Night Live vs The Daily Show: US channels wage comedy star wars

Saturday Night Live vs The Daily Show

US channels wage comedy star wars
When is a wine made in Piedmont not a Piemonte wine? When EU rules make Italian vineyards invisible

When is a wine made in Piedmont not a Piemonte wine?

When EU rules make Italian vineyards invisible
Look what's mushrooming now! Meat-free recipes and food scandals help one growing sector

Look what's mushrooming now!

Meat-free recipes and food scandals help one growing sector
Neil Findlay is more a pink shrimp than a red firebrand

More a pink shrimp than a red firebrand

The vilification of the potential Scottish Labour leader Neil Findlay shows how one-note politics is today, says DJ Taylor
Bill Granger recipes: Tenderstem broccoli omelette; Fried eggs with Mexican-style tomato and chilli sauce; Pan-fried cavolo nero with soft-boiled egg

Oeuf quake

Bill Granger's cracking egg recipes
Terry Venables: Wayne Rooney is roaring again and the world knows that England are back

Terry Venables column

Wayne Rooney is roaring again and the world knows that England are back
Michael Calvin: Abject leadership is allowing football’s age-old sores to fester

Abject leadership is allowing football’s age-old sores to fester

Those at the top are allowing the same issues to go unchallenged, says Michael Calvin