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£3.24: Average weekly spend on Football Pools
The iconic Football Pools operation is being sold by Sportech (SPO) for £83m. Amid falling subscription numbers and only £3.24 average weekly spend by customers it is easy to see why management were open to a private equity-backed bid.
The company already plans to return £20m to shareholders after winning a VAT case against the taxman and could deliver another one-off return should the Pools deal complete. The remaining focus will be its US gaming business.