....have lost their rights to show Premier League games for next season according to Sky News.
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Setanta loses Premier TV rights
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.
Setanta has recently struggled to make its payments to the sporting bodies from which it buys television rights.
The Premier League said it had "been working with Setanta for some time to help them continue as the broadcaster of 46 UK live matches for the 2009/10 season".
The Premier League, in agreement with Setanta, stipulated that certain contractual requirements had to be met on or before Friday, 19 June, "to allow the preparations for the 2009/10 season to continue unaffected".
The league added: "It is with considerable regret that we announce that Setanta has been unable to meet their obligations. As such the existing licence agreement between us has been terminated with immediate effect."
The Premier League will now go ahead and auction the 46 UK live matches for the 2009/10 season.
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Setanta have not gone just yet.Originally posted by Joey Jones View PostI'll miss Buncey
There is talk that there is some serious downsizing going on.
They are shedding the premier league rights and apparently the English internationals and FA cup contract will be going.
Setanta may be remodelling as a niche broadcaster. Focus on Rugby, IPL, Scottish footballe and most importantly boxing.
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I think they'll go to the wall, after all, the Premiership games was their 'jewel in the crown' and now that they've lost that I can't see many people forking out £12.99 a month for the other sports that they show.Originally posted by spud_gun View PostSetanta have not gone just yet.
There is talk that there is some serious downsizing going on.
They are shedding the premier league rights and apparently the English internationals and FA cup contract will be going.
Setanta may be remodelling as a niche broadcaster. Focus on Rugby, IPL, Scottish footballe and most importantly boxing.
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They might go to the wall, but if they're not paying out the money for PL football, their outgoings will be reduced massively meaning they wont need anywhere near as many subscribers in order to make it a viable business model.Originally posted by Joey Jones View PostI think they'll go to the wall, after all, the Premiership games was their 'jewel in the crown' and now that they've lost that I can't see many people forking out £12.99 a month for the other sports that they show.
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"I will note this, so far, will affect neither Setanta Canada’s nor Setanta US’ current PL contracts. Fox Soccer Channel and Setanta US will work under the same contract and match choices until the 2009-10 season is complete."
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Is this true? If so, I will keep my NexTV box for another year and get the matches on TV... anyone know the status in the USA/Canada?"Our legacy begets an excellence that surpasses the particulars of who produces it." -- David Carr
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