Murdoch’s U.K. Soccer Gambit Down to the Wire as Auction Closes

(Bloomberg) — Rupert Murdoch’s Sky Plc was a money-losing upstart when it plunked down 304 million pounds ($461 million) to air soccer matches from the new English Premier League almost 25 years ago. It proved to be one of Murdoch’s smartest investments: Sky grew into the U.K.’s No.