Eurocardsharing

Go Back   Eurocardsharing > General Discussions > General Satellite News > Latest Satellite News

Latest Satellite News Discussion, Setanta closer to administration at General Satellite News forum; Setanta edged one step closer to administration last night after it missed its deadline to make a 10m payment to ...

Reply
 
LinkBack Thread Tools Display Modes
Setanta closer to administration
Old
  (#1)
Bacteria
Administrator
 
Bacteria's Avatar
 
Offline
Posts: 96,015

Level: 124 [♥ Bé-Yêu ♥♥ Bé-Yêu ♥♥ Bé-Yêu ♥♥ Bé-Yêu ♥♥ Bé-Yêu ♥]
Life: 4638 / 4638
Magic: 32005 / 100902
Experience: 68%

Thanks: 1,107
Thanked 5,578 Times in 1,419 Posts
Join Date: Oct 2006
Age: 36
Thumbs up Setanta closer to administration - 21-June-2009, 09:10

Setanta edged one step closer to administration last night after it missed its deadline to make a 10m payment to the Premier League, triggering a loss of its rights to broadcast football fixtures next season.
The Premier League said it was with "considerable regret" that Setanta had been unable to meet its obligations and that the licence agreement between the two had been "terminated with immediate effect".
The football authority said that it would go ahead and market the 46 UK live matches for the 2009-10 season. ESPN, the US sports cable channel owned by Walt Disney, is expected to bid for the rights.
Loss of the rights could be fatal for Setanta because Premier League football is the main attraction for many subscribers. It faces a wave of cancellations. Setanta, which declined to comment, is widely expected to appoint administrators and Deloitte is understood to have been lined up.


Regards,

www.eurocardsharing.com
   
Reply With Quote
Reply

Bookmarks


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Forum Jump



ECS on RSS ECS on Twitter ECS on Facebook ECS on Youtube
Follow us on:

Powered by vBulletin
Copyright 2002 - 2010, Jelsoft Enterprises Ltd.
SEO by vBSEO ©2011, Crawlability, Inc.
Dreambox