Agreed, a lot of fluff, one thing I’ve come to expect from Sky is below average management and board. Their track record is not great and shareholders shouldn’t have confidence that the decisions they make will generate shareholder value.
God knows if the venture into broadband will deliver economic benefits. There’s no disclosure if anyone has undertaken analysis on cost/benefit analysis, what the expected cash outflow/what the expected cash return over time discounted to present value.
Did anyone question management on the progress of the property sale? Why is this not in any of the presentation slides unless I missed it?
Ann: Sky Investor Day presentation - 29 June 2021, page-19
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