Sky shares plummet as Premier League rights auction sparks investor fear

Premier League TV

By Mark Baber
December 16 – The multi-billion pound auction for Premier League television rights, which kicked off on Friday, has led to a 4.4% fall in the share price of Sky plc on Monday on fears the company could be outbid by BT on a number of packages, and predictions the total bill could be as high as £5 billion, An Ofcom investigation, initiated by Virgin, has added to the lack of stability in the market.

This content is for Archive Access (1 year), Archive Access (6 months) and Archive Access (student) members only.
Log In Register