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XLMedia takes full control of the 101GreatGoals.com website

The group said the simplified control structure will help accelerate the development of the site, including a push into new geographies

XLMedia PLC (LON:XLM) has completed the buy-out of the interest it didn’t already own in the 101GreatGoals.com website for an undisclosed sum.

It said the simplified control structure will help accelerate the development of the site, including a push into new geographies.

"101GreatGoals.com has built a loyal and growing user base through engaging, up-to-date and highly informative content,” said XLMedia chief executive Stuart Simms in a statement.

“This provides a very solid foundation for extending the reach of this asset into additional markets. It is also indicative of the type of website that XLMedia will seek to develop as we execute on our strategy, based on a balanced portfolio of high-quality assets in attractive markets,” he added.