Boxing promoter Frank Warren who own's 70% of boxing channel Boxnation today announced:
"There will be an announcement from Boxnation tomorrow concerning funding. You'll see tomorrow that Boxnation are turning a big corner."
Rumours are rife that BT have bought a stake in the channel and will offer the channel as part of their sports package from this summer. Simon Green the head of BT Sport is still a non-exec Director at BoxNation. The Independant ran a story 8 weeks ago which suggested BT had an interest in the channel.
http://www.independent.co.uk/sport/g...g-8449350.html
Nothing confirmed yet however if BT have agreed a deal and include the channel as part of their sports package along with BT Sports 1, BT Sports 2 and ESPN America that will surely make them a really big player in the sports TV market.
Of course it's just rumours for now.