StubHub, which is now owned by eBay, is preparing to launch a UK subsidiary and although the company is remaining tight lipped on plans, it is understood to be recruiting staff ahead of a fourth quarter debut.

Amongst StubHub's plans to get a foothold in the British market are mooted suggestions of high street retail outlets to back up its online platform and Baker told Music Week that he is not surprised by that bullish strategy.

"According to Forbes, StubHub ...