Board talk again over £307m deal

British Horseracing Board directors will meet again tomorrow night to consider new proposals that could save racing's £307 million Go Racing deal.

Arena Leisure, the company that along with Channel 4 and BSkyB comprise Go Racing, have already announced to the Stock Exchange today that BHB advisers are now in a position to recommend the updated deal to their board.

An official BHB statement is expected later today but insiders maintain the meeting is no formality. The Racecourse Association and Racehorse Owners' Association would also need to ratify the contract.

The BHB board rejected the Go Racing contract last Wednesday and chairman Peter Savill suggested the industry begin the tender process - already almost three years in the making - all over again.

The media consortium returned to the table with some key concessions on Sunday. The BHB then agreed to grant a licence for its pre-race data to Go Racing on all existing platforms but neither side could agree over 'emerging technologies' and the deal appeared dead and buried.