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Football Pools to be sold for nearly £100m


The Football Pools is being sold for £97.25m by current proprietors Sportech to a gathering of betting industry speculators.

Sportech needs to offer the wagering firm, which started 93 years back and was at one time the primary approach to bet on football, to concentrate on its US business.

It will be purchased by Burlywood Capital, a venture reserve keep running by the author of web wagering website Sportingbet.

The pools are currently played by around 300,000 individuals, despite the fact that at their stature 10 million players partook.

A year ago the business had offers of £33.8m and benefits of £15.2m.

Sportech consolidated the pools brands by purchasing Littlewoods Gaming in 2000, Zetters in 2002 and Vernons in 2007.

Players get to 12 football coordinates that they anticipate will complete in a draw.

Acclaimed champs incorporate West Yorkshire assembly line laborer Viv Nicholson who, alongside her better half, scooped £152,319 in 1961, the likeness £3.1m today, and promised to "spend, spend, spend" her rewards.

Point posting

Burlywood Capital arrangements to list the Football Pools on London's Alternative Investment Market.

The speculation asset was helped to establish by Mark Blandford, who made millions from Sportingbet, once the world's biggest online bookmaker.

The pools bargain relies on upon endorsement from Sportech shareholders furthermore on Burlywood Capital raising the financing.
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