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 Post subject: Setanta is all but history :(
PostPosted: 19 Jun 2009 19:03 
{l Quote}:
"Troubled sports broadcaster Setanta has failed to pay the latest chunk of the £30m it owes the English Premier League, and will now lose the rights.

The League has threatened to sell the rights to the 46 live matches Setanta has for the 2009/2010 season if the broadcaster failed to make the payment.

It will now put the rights out to auction, with offers needed by Monday.

A potential rescue deal, led by a US investor who had proposed buying 51% of Setanta, fell through."


http://news.bbc.co.uk/1/hi/world/8109954.stm

Personally I expect the announcement of going into Administration within a few hours :( I've already called VirginMedia and downgraded my XL Package.


  
 
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