John Batchelor, chairman of English third division club York, has revealed his intention to rescue ITV Digital from collapse.
The ailing TV company has finally reached breaking point and has now ceased broadcasting all channels other than those which are free to view.
Batchelor stepped in to save York towards the end of the current season shortly after the previous board announced the club would resign from the Football League if no buyer was found.
The City supremo is now considering buying ITV Digital, saying: "It is my intention to head up a bid for ITV Digital backed by a consortium of people from motor sport and football.
"I need to act very quickly after talks with the administrators who said the company would otherwise be broken up very quickly.
"There is no reason why we can't make this work and it will be heavily funded from the motorsport side. I don't have the money required, but I do have the ability to bring people together who do."
PA