US party.

Lega Serie A, the organising body of the top division of Italian club football, is set to enter into private negotiations over its media rights with Spanish agency Mediapro after talks with broadcasters failed to result in an agreement satisfying its goals for its next domestic contract.

Lega Serie A, the organising body of the top division of Italian club football, has said it will enter into private negotiations with bidders for its domestic broadcast rights after offers opened yesterday (Monday) failed to meet the minimum revenue target of €1.05bn ($1.26bn) per season.Q:

How to understand "with two minutes to go to the bell" in this context?

“After the lesson,” Snape snapped. 
Under the pretext of holding up a measuring cup to see if he'd poured
  out enough armadillo bile, Harry sneaked a sidelong glance at the pair
  of them. Karkaroff looked extremely worried, and Snape looked angry.
Karkaroff hovered behind Snape's desk for the rest of the double
  period. He seemed intent on preventing Snape from slipping away at the
  end of class. Keen to hear what Karkaroff wanted to say, Harry
  deliberately knocked over his bottle of armadillo bile with two
  minutes to go to the bell, which gave him an excuse to duck down
  behind his cauldron and mop up while the rest