Soldato
- Joined
- 17 Oct 2002
- Posts
- 3,072
The Football League has lost its claim for £150m in damages from its former legal advisers over a collapsed £140m television deal.
The league, which represents teams in the lower three divisions outside the Premier League, was ordered to pay 90% of solicitors Edge Ellison's costs.
The league was suing over its advice on a deal with pay-TV company ITV Digital which collapsed in 2002.
The judge found two breaches of duty for which he awarded just £4.
The Football League is now liable for most of the legal costs of the case which legal experts say could be as high as £5m.
http://news.bbc.co.uk/1/hi/uk/5109254.stm
So they've only got find £149,999,996 behind the sofa now.
The league, which represents teams in the lower three divisions outside the Premier League, was ordered to pay 90% of solicitors Edge Ellison's costs.
The league was suing over its advice on a deal with pay-TV company ITV Digital which collapsed in 2002.
The judge found two breaches of duty for which he awarded just £4.
The Football League is now liable for most of the legal costs of the case which legal experts say could be as high as £5m.
http://news.bbc.co.uk/1/hi/uk/5109254.stm
So they've only got find £149,999,996 behind the sofa now.
