With the BBC seeking to reduce costs and in particular studio facilities, a decision was taken to sell Ealing Studios on the open market. Although a sale was agreed with BBRK, the BBC inserted a buy-back clause so that in the event that BBRK (for whatever reasons) put the site up for sale then the BBC would have first option to purchase. BBRK found it necessary to sell the site and the BBC repurchased the site and sold it on for £1.00 to the National Film and Television School, (NFTS).