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They don’t have a tv deal for 2021 and even if they get one it is likely to be for loose change.Articles in the press suggest the virus may tip Foxtel into bankruptcy and 7 whose value is not much more than 10% of what it was a few years ago are having to negotiate with their bankers to keep trading.The other networks might take it for free but are in no position to pay.
A lot of professional sport is going to be collateral damage from this which shows what a house of cards it was to begin with.
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