Article YC3G Football pools face takeover bid from Netplay TV

Football pools face takeover bid from Netplay TV

by
David Hellier
from on (#YC3G)
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Reports suggest Netplay, backed by billionaire Teddi Sagi, is prepared to pay 100m for pools business

The football pools, long the bedrock of Britain's gambling industry, may be about to change hands after a company backed by the billionaire owner of London's Camden Market confirmed it was interested in a takeover bid.

Netplay TV, a 20m company listed on London's Alternative Investment Market, asked for its shares to be suspended on Monday after it announced it was considering a reverse takeover of the larger football pools business. It said no deal could be guaranteed.

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