Business Services Industry
Daily Mail, London, Alex Brummer Column.
Knight Ridder/Tribune Business News, April, 2002
By Alex Brummer, Daily Mail, London Knight Ridder/Tribune Business News
Apr. 13--The ITV companies have chosen to make the UKpound 178 million contract with the Football League the scapegoat for their troubles.
This proved a useful device, because it has shifted the glare from their own inadequacies to that of the League, which formally failed to execute the contract fully and whose members have chosen, in some cases, to spend the money before it had arrived.
But the real mistakes have been made by two quoted companies headed by Charles Allen of Granada and Michael Green of Carlton. They should know better. Despite the share price falls of the last year, both have been regarded men with the golden touch. More than that, they have been...
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