5th Mar 2008 09:20
ITV PLC05 March 2008 5th March 2008 ITV SELLS STAKE IN LIVERPOOLFC.TV ITV plc today announced it has completed the sale of its 50% share inLiverpoolfc.tv to The Liverpool Football and Athletic Grounds Limited for aconsideration of £15.75m, plus repayment of approximately £3.5m of debt. Theconsideration was received in cash as to £10.5m on completion and the balance of£5.25m is due in December 2008. Jonathan Rogers, Director of Operations, ITV Channels, said: "This is another step in ITV's ongoing non-core asset disposal programme, whichhas seen us successfully raise over £600 million since the merger in 2004. Liverpoolfc.tv has grown to become the UK's most popular club website and wewish them the very best for the future." Notes to editors For further enquiries please contact: ITV plcTel: 0844 8818000Press enquiriesJim Godfrey - Director of Corporate Affairs Investor enquiriesPippa Strong - Head of Investor Relations Tulchan CommunicationsTel: 0207 353 4200Andrew GrantSusannah VoyleLizzie Morgan Website: www.itv.com; investor information: www.itvplc.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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