BT Group has agreed to acquire ESPN’s UK and Ireland TV channels business. These primarily comprise the ESPN and ESPN America channels and their live sports rights portfolio, including the FA Cup, Clydesdale Bank Scottish Premier League, UEFA Europa League, and the German Bundesliga. BDO undertook financial and tax due diligence and supported SPA negotiations.
“The acquisition of the ESPN channels adds exciting content to our stable of sports rights. BDO were responsive and provided pragmatic support and advice that went beyond due diligence.”
Adam Bastin, Vice President, Group Corporate Finance