BusinessBusiness RecoveryDeloitte blasts Football League

Deloitte blasts Football League

The administrators of ITV Digital have broken their near silence and launched an unprecedented attack on one of its major creditors, the Football League.

This followed yesterday’s decision by Deloitte & Touche to withdraw its £75m compromise offer to the Nationwide Football League, leading the dispute further away from its settlement goal.

Nick Dargan and his team from Deloitte accused the Football League of ‘undermining’ their bid to restructure the ailing pay-tv company.

In a statement, Dargan said: ‘The restructuring has been hampered by the unauthorised disclosure of private and confidential discussions and the campaign of negative publicity which … is severely undermining the administration process.’

The attack came after the Football League threatened to take legal action against Carlton Communications and Granada, the co-owners of ITV Digital, over allegations that the media giants misled investors about the financial state of ITV Digital.

The news came as it emerged that insolvency expert David Buchler has been advising the Football League’s chairman Keith Harris and chief executive David Burns for free. Buchler, who on Wednesday took over as president of R3, the business recovery association, is also vice-chairman of Tottenham Hotspur FC.

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