Richard Findlay, the former head of media firm Scottish Radio Holdings, has moved closer to buying five Irish local radio stations, signing heads of agreement for a deal in recent days.
Findlay is understood to be offering more than €50 million to buy the stations - Ocean FM in Sligo/Donegal, KCLR in Kilkenny/Carlow, Tipp FM in Tipperary, KFM in Kildare, and Mid West Radio in Mayo.
He has been tipped as the front-runner...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Unlimited Access for 2 Years
Get a Business Account for you and your team