Who's forking out 1.2 billion for football? Openreach, BT wholesale or BT retail? I suspect its coming from the profits from all of them. I heard BT where sitting on a cash pile of 15bn. So Openreach profit is propping up BT Retail while it tries to monopolise UK TV and Sport by pouring yet more money in footballers pockets.
Meantime i just cancelled a big business move because OR missed their dates for TalkTalk. Only two things as an IT Director stress me out - my bosses and BT. Thankfully canned BT Retail last year saving £420k (62%) per annual. I inherited the bill and it was just a paper change. That was one of my happiest days in my career.