[Gavin-D]

Global radio have lost there appeal they will now have to sell of stations so they can covert Real Radio into Heart.

Global radio do not have the right to appeal this verdict

Smooth, Heart and Capital will continue where they can Real radio is likely to be re branded heart FM in areas where real radio broadcasts but heart FM doesn't

The Rejection of appeal presumably will mean Global Radio will have to sell stations in 7 areas as competition commission previously ruled.

The stations Global will be required to sell are as follows:

East Midlands: Smooth OR Capital
Cardiff and South Wales: Real OR Capital
North Wales: Real OR Heart
Greater Manchester and the North-West: Capital OR Real XS with either Real or Smooth
North-East: Real OR Smooth OR Capital
South and West Yorkshire: Real OR Capital
Central Scotland: Real OR Capital