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SIP and Betfred in final Tote race
THE winning bid for the Tote is set to be announced tomorrow – with frontrunners Sports Investment Partners (SIP) and bookmaker Betfred neck and neck at the finish.
A Sky News report yesterday suggested SIP chief Sir Martin Broughton had increased the value of his offer to the Treasury by £2m and the overall value by a “substantially larger sum” just before yesterday’s 7pm bid deadline.
The winner is set to be announced by Culture secretary Jeremy Hunt.
Last night both SIP and Betfred declined to comment.