FFP and SKY

On 16 January 1984 the channel was renamed Sky Channel.
For the entirety of its early life, the channel continued to be a loss-making enterprise, losing £10 million in 1987. However, in contrast to the station's founders, Murdoch had pockets deep enough to sustain the operation.
Murdoch bid for the satellite broadcasting license in 1986 but lost out to BSB who announced plans to begin broadcasting in mid-1989 with three channels on satellite frequencies legally allotted to the UK by international agreement. Murdoch attempted to join the BSB consortium, but was rejected which spurred him on to set up his own satellite service.
On 8 June 1988, Murdoch announced at a press conference his plans to expand Sky's service to four channels, thus creating the Sky Television network.
Sky TV began broadcasting four channels of programming on 5 February 1989. Start-up costs reached £122 million; losses for its first year of operations were £95 million
BSB merger
Sky's earlier launch and leasing of transponders on the Astra satellite network allowed it to merge with its rival BSB.
In 1990 both companies were beginning to struggle with the burden of massive losses and in November 1990 there was a 50:50 financial merger, with a management takeover by Sky
The new company was called British Sky Broadcasting (BSkyB) but marketed as Sky.
The early years of the merged BSkyB saw a haemorrhage of cash from News Corporation funds. At this stage of the company's life it was losing millions of pounds a week.
By September 1991, the weekly losses had been reduced to £1.5M a week.
In the Autumn of 1991, talks were held for the broadcast rights for Premier League for a five-year period, from the 1992 season. BskyB paying £304m for the Premier League rights, with give them a monopoly of all live matches, up to 60 per year from the 1992 season
Murdoch has described sport as a "battering ram" for pay-television, providing a strong customer base
A few weeks after the deal, ITV went to the High court to get an injunction as it believe their details were leaked before the decision was taken.
ITV also asked the Office of Fair Trading to also investigate since it believed Rupert Murdoch's media empire via the newspapers had influence the deal. A few days later neither action took effect, ITV believed BSkyB was telephoned and informed of its £262m bid, and Premier League advised BSkyB to increase its counter bid.
By March 1992, BSkyB posted its first operating profits, of £100,000 per week, with £3.8 million weekly from subscriptions and £1 million from advertising, but continued to be burdened with £1.28 billion of debt. James Capel forecast BSkyB would still be indebted in 2000.
The 1989–90 season was Manchester United's 87th season in the Football League.
The season brought their lowest league finish since their relegation from the First Division 15 years earlier, as they finished 13th in the league, and by Christmas there were continued calls from fans for Alex Ferguson to be sacked as manager.
1987/88
9/7/87 Viv Anderson £0.25m from Arsenal
30/7/87 Brian McClair £0.85m from Celtic
17/12/87 Steve Bruce £0.825m from Norwich City
3/5/88 Paul Dalton £0.035m from Brandon United
1988/89
01/6/88 Jim Leighton £0.75m from Aberdeen
10/6/88 Lee Sharpe £0.185m from Torquay United
20/7/88 Mark Hughes £1.8m from Barcelona
28/10/88 Mal Donaghy £0.65m from Luton Town
11/11/88 Ralph Milne £0.175m from Bristol City
30/11/88 Jules Maiorana £0.03m from Histon
1989/90
Spent:
01/7/89 Mike Phelan £0.75m from Norwich City
24/7/89 Neil Webb £1.5m from Nottingham Forest
24/8/89 Brian Carey £0.1m from Cork City
29/8/89 Gary Pallister £2.3m from Middlesbrough
14/9/89 Paul Ince £1m from West Ham United
18/9/89 Danny Wallace £1.2m from Southampton
26/9/89 Andy Rammell £0.04m from Atherton United
1990/91
1/6/90 Neil Whitworth £0.15m from Wigan Athletic
20/6/90 Denis Irwin £0.625m from Oldham
6/6/90 Les Sealey £0 from Luton Town
26/3/91 Andrei Kanchelskis £1.42m from Shakhtar Donetsk
1991/92
8/8/91 Paul Parker £2m from Queens Park Rangers
12/8/91 Peter Schmeichel £0.53 from Brondby
1992/93
1/8/92 Patrick McGibbon £0.1m from Portadown
7/8/92 Dion Dublin £1m from Cambridge United
27/11/92 Eric Cantona £1.2m from Leeds United
6/1/93 Les Sealey £0 from Aston Villa
The 1992–93 FA Premier League was the first season of the Premier League, the top division of English football. The season began on 15 August 1992 and ended on 11 May 1993. The league was made up of the 22 clubs that broke away from The Football League at the end of the 1991–92 season. The new league was backed up by a five-year, £305 million deal with BSkyB to televise Premier League matches.
Champions Manchester United.
The UEFA Champions League, known simply as the Champions League, is an annual continental club football competition organised by the Union of European Football Associations (UEFA) since 1992. It replaced the European Champion Clubs' Cup, or simply European Cup, which had run since 1955, adding a group stage to the competition and allowing multiple entrants from certain countries
etc.
For the entirety of its early life, the channel continued to be a loss-making enterprise, losing £10 million in 1987. However, in contrast to the station's founders, Murdoch had pockets deep enough to sustain the operation.
Murdoch bid for the satellite broadcasting license in 1986 but lost out to BSB who announced plans to begin broadcasting in mid-1989 with three channels on satellite frequencies legally allotted to the UK by international agreement. Murdoch attempted to join the BSB consortium, but was rejected which spurred him on to set up his own satellite service.
On 8 June 1988, Murdoch announced at a press conference his plans to expand Sky's service to four channels, thus creating the Sky Television network.
Sky TV began broadcasting four channels of programming on 5 February 1989. Start-up costs reached £122 million; losses for its first year of operations were £95 million
BSB merger
Sky's earlier launch and leasing of transponders on the Astra satellite network allowed it to merge with its rival BSB.
In 1990 both companies were beginning to struggle with the burden of massive losses and in November 1990 there was a 50:50 financial merger, with a management takeover by Sky
The new company was called British Sky Broadcasting (BSkyB) but marketed as Sky.
The early years of the merged BSkyB saw a haemorrhage of cash from News Corporation funds. At this stage of the company's life it was losing millions of pounds a week.
By September 1991, the weekly losses had been reduced to £1.5M a week.
In the Autumn of 1991, talks were held for the broadcast rights for Premier League for a five-year period, from the 1992 season. BskyB paying £304m for the Premier League rights, with give them a monopoly of all live matches, up to 60 per year from the 1992 season
Murdoch has described sport as a "battering ram" for pay-television, providing a strong customer base
A few weeks after the deal, ITV went to the High court to get an injunction as it believe their details were leaked before the decision was taken.
ITV also asked the Office of Fair Trading to also investigate since it believed Rupert Murdoch's media empire via the newspapers had influence the deal. A few days later neither action took effect, ITV believed BSkyB was telephoned and informed of its £262m bid, and Premier League advised BSkyB to increase its counter bid.
By March 1992, BSkyB posted its first operating profits, of £100,000 per week, with £3.8 million weekly from subscriptions and £1 million from advertising, but continued to be burdened with £1.28 billion of debt. James Capel forecast BSkyB would still be indebted in 2000.
The 1989–90 season was Manchester United's 87th season in the Football League.
The season brought their lowest league finish since their relegation from the First Division 15 years earlier, as they finished 13th in the league, and by Christmas there were continued calls from fans for Alex Ferguson to be sacked as manager.
1987/88
9/7/87 Viv Anderson £0.25m from Arsenal
30/7/87 Brian McClair £0.85m from Celtic
17/12/87 Steve Bruce £0.825m from Norwich City
3/5/88 Paul Dalton £0.035m from Brandon United
1988/89
01/6/88 Jim Leighton £0.75m from Aberdeen
10/6/88 Lee Sharpe £0.185m from Torquay United
20/7/88 Mark Hughes £1.8m from Barcelona
28/10/88 Mal Donaghy £0.65m from Luton Town
11/11/88 Ralph Milne £0.175m from Bristol City
30/11/88 Jules Maiorana £0.03m from Histon
1989/90
Spent:
01/7/89 Mike Phelan £0.75m from Norwich City
24/7/89 Neil Webb £1.5m from Nottingham Forest
24/8/89 Brian Carey £0.1m from Cork City
29/8/89 Gary Pallister £2.3m from Middlesbrough
14/9/89 Paul Ince £1m from West Ham United
18/9/89 Danny Wallace £1.2m from Southampton
26/9/89 Andy Rammell £0.04m from Atherton United
1990/91
1/6/90 Neil Whitworth £0.15m from Wigan Athletic
20/6/90 Denis Irwin £0.625m from Oldham
6/6/90 Les Sealey £0 from Luton Town
26/3/91 Andrei Kanchelskis £1.42m from Shakhtar Donetsk
1991/92
8/8/91 Paul Parker £2m from Queens Park Rangers
12/8/91 Peter Schmeichel £0.53 from Brondby
1992/93
1/8/92 Patrick McGibbon £0.1m from Portadown
7/8/92 Dion Dublin £1m from Cambridge United
27/11/92 Eric Cantona £1.2m from Leeds United
6/1/93 Les Sealey £0 from Aston Villa
The 1992–93 FA Premier League was the first season of the Premier League, the top division of English football. The season began on 15 August 1992 and ended on 11 May 1993. The league was made up of the 22 clubs that broke away from The Football League at the end of the 1991–92 season. The new league was backed up by a five-year, £305 million deal with BSkyB to televise Premier League matches.
Champions Manchester United.
The UEFA Champions League, known simply as the Champions League, is an annual continental club football competition organised by the Union of European Football Associations (UEFA) since 1992. It replaced the European Champion Clubs' Cup, or simply European Cup, which had run since 1955, adding a group stage to the competition and allowing multiple entrants from certain countries
etc.