LONDON — The northern U.K. city of Manchester is famous around the world for its rich musical heritage, with Joy Division/New Order, The Smiths and Oasis just a few of the well-known acts to have emerged from its red brick streets over the past 40 years.
Today, Manchester is once again in the spotlight - although this time it's not because of a hot new band or singer. Instead, the city is the scene of a row between Oak View Group (OVG) – the global sports and entertainment company founded by Tim Leiweke and Irving Azoff in 2015 – and ASM Global, owners of the 21,000-capacity Manchester Arena.
At the heart of the dispute is OVG's plans to build a new £350 million ($425 million) arena in Manchester's Eastlands district, close to Manchester
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