Tuesday, July 24, 2007

Portsmouth to part-own local radio

Portsmouth Football Club is to acquire a 50% share in three local radio stations on the south coast.

The club has entered into a heads of agreement with The Local Radio Company to form a joint venture to run The Quay in Portsmouth, Spirit FM in Chichester and Isle of Wight Radio.

Portsmouth FC said it aimed to "strengthen its ongoing two-way relationship with fans and the local community".

Quay FM is already a commercial partner of PFC, transmitting live coverage of the Premiership club's games.

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