Since it was privatised over a decade ago, there's been speculation around the future of the UK's troubled postal service, Royal Mail.

Now the government has approved its purchase by the Czech billionaire, Daniel Křetínský, a relative unknown here in the UK.

Born in communist Czechoslovakia in 1975, Křetínský was a teenager when the Berlin Wall came down. He started his career as a lawyer, but after taking a job in an investment firm soon acquired a reputation as a financial prodigy. He went on to make his fortune in energy investments, but has since expanded to become a big player in the media scene, as well as buying stakes in businesses in Western Europe, especially France and the UK.

In this episode of Profile, Stephen Smith finds out more about the man who's set to take on the challenge of turning around a once cherished national institution.

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