Advanced Television

Blavatnik saves Setanta?

June 12, 2009

American investor Len Blavatnik is offering £20m (E23.4m) to buy some time for the beleaguered sportscaster. However the BBC reports he is demanding a 51% stake in return.

Blavatnik is also involved with Top-up TV, the pay-tv channel on Freeview, and is said to have strong Russian connections.

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