Setanta Sports Given 5pm Final Deadline
Sports pay TV company, Setanta Sports has until 5pm today (Friday 19 June, 2009) to pay the English Football Association £30 million or they will lose their England's World Cup qualifiers and next seasons 46 Premier League games.
Setanta has already missed a £3million payment to the Scottish Premier League as part of a £125million deal that runs until 2014, bringing fears that at least two SPL clubs may disappear due to monies owed.
Reports earlier this week suggested an American billionaire was preparing to stump up enough cash to keep the Irish company afloat, however that may now not be the case.
Setanta owe the FA £30m for broadcasting last seasons England internationals and Premier League matches and if they fail to cough up, next seasons TV rights will go out to auction.
The firm's demise would put more than 1,100 jobs at risk.
Latest media reports suggest Setanta will miss the 5pm deadline.
Login to post a comment
Best of International Vital
AC Milan - Crotone v AC Milan - Follow Live On Twitter
England - England's 1966 Heroes Take On Dementia
Best of Vital Network
Vital Boxing - Klitschko Wants Joshua Re-Match
Vital Boxing - You Voted for a Joshua Win
Vital F1 - 2017 Russia GP - Race
Recent Manchester City Articles
The Ped Report Middlesbrough 2-2 City
What Is Pep Doing?
The Ped Derby Observations City 0-0 United
Another Two Points Squandered
Boro v Man City Match Officials
The Premier League has appointed Kevin Friend as today's Middlesbrough v Manchester City referee.
Boro v Man City Live Streams & Global TV Coverage
City travel to the North East to face Premier League strugglers Middlesbrough on Sunday. Any slip up by Pep Guardiola's side will, considered NOT to be acceptable by many of us Blues.
Archived VMC Articles
Current Poll (see more polls)
Recent Manchester City Results (view all)
Manchester City Fixtures (view all)
Breaking League News
Vital Members League Table