BBC NEWS | Business | Setanta 'is on brink of collapse'
Setanta faces administration "within days" unless backers provide more funds to pay £30m it owes to the English Premier League, reports have suggested.
Not good. They failed to pay 3 million sterling to the SPL owed last week and it looks like they won;t make it past the summer. Despite the problems I have with the PPV Pub feeds in North America I really like them as a satellite channel.
Their PPV Pub coverage is huge in North America for GAA (Gaelic Football) as well as the Celtic-Rangers packages. We end up paying about $200-$300/ match for the coverage at our supporter's club. Word is the ESPN may come in to pick up the peices but since Setanta lost all but one of their EPL packages the price may be too steep.
Setanta faces administration "within days" unless backers provide more funds to pay £30m it owes to the English Premier League, reports have suggested.
Not good. They failed to pay 3 million sterling to the SPL owed last week and it looks like they won;t make it past the summer. Despite the problems I have with the PPV Pub feeds in North America I really like them as a satellite channel.
Their PPV Pub coverage is huge in North America for GAA (Gaelic Football) as well as the Celtic-Rangers packages. We end up paying about $200-$300/ match for the coverage at our supporter's club. Word is the ESPN may come in to pick up the peices but since Setanta lost all but one of their EPL packages the price may be too steep.