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In
November 2001, UKbetting bought Sportal's domain names and trademark for £1 - marking the end of Sportal as a consumer website. It paid another £190,000 for the company's technology and took on two of Sportal's remaining 70 staff. The brand initially continued as sports content site then in 2002
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By March 2001 the company was in trouble and two rounds of redundancies saw two thirds of the staff laid off and savage spending cuts implemented. In April Hersov admitted
Sportal was on the verge of closure if it did not secure more funding. Hersov injected his own money to keep the company afloat
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In the summer of 2000 Hersov was weeks away from selling the company to
Vivendi Universal for £270m when market sentiment changed and the talks collapsed. Despite this, The Sunday Times named Sportal the No.1 e-business in the UK and it came out top in an e-league compiled by the web consultancy,
271:) as well as lower-profile sites across a number of other sports. It also opened offices across Europe, in South Africa, and in Australia and at its peak employed over 300 people.
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of the topic and provide significant coverage of it beyond a mere trivial mention. If notability cannot be shown, the article is likely to be
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In 2008, Sportal also opened its office in Mumbai and their Indian-centric website, www.sportal.co.in, was launched in
November 2010.
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Bathwick. But as the dot.com bubble burst, Sportal's size and lack of strong income streams quickly started to cause problems.
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relaunched the brand as a multi-sports broadband video portal sportal.com.
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170 million, and in the summer of 2000 it was named as the
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notability guidelines for companies and organizations
322:"Sportal: from £270m to £1 in less than four years"
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343:"Sportal website faces full-time whistle"
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296:but even that did not arrest the slide.
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307:References
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286:Euro 2000
169:"Sportal"
67:"Sportal"
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261:Juventus
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