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June 16, 2009

Setanta given deadline by FA


by David Allen

As if things were not bad enough for the satellite sports broadcaster Setanta, it seems that the FA has issued a warning regarding the channel’s failure to pay a £10 million instalment for the live Premier League matches.

It seems that the FA is not going to hang around to wait and see what happens with the satellite channel, as it has stated that if payment is not received by Friday then it will consider putting the forty six Premier League matches out for tender.

Under the licence agreement, Setanta has to pay up by Friday or the contract will be terminated.

Should this happen then the chances of the management finding a suitable partner with enough financial backing would virtually disappear.

It is widely believed that the Premier League football matches are the broadcaster’s crown jewels.

Story link: Setanta given deadline by FA


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