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 Euro Vital
Best of Vital Network
Vital Boxing - Washington Aiming to Beat Wilder this Saturday
Vital Boxing - Bellew’s Threat to Haye
Vital F1 - Williams adds new head of aerodynamics
Recent Manchester City Articles
Manchester City FC 1894 5 - AS Monaco 3 - Johnny On The Spot
The City-Monaco Blitzkrieg...
The Ped Into Europe Report City 5-3 AS Monaco
Can We Get Our Breath Back?
Blue Tuesday Podcast (21/02/17)
Jimmy Wagg from BBC Radio Manchester asks how many of Manchester City's team from the weekend (v Huddersfield Town) will still be at the Etihad in August?
Manchester City Player Ratings v Monaco
I am giving my first ever 10 out of 10 but you'll have to read on to find out who received my perfect score.
VMC Social Media
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
|8.||Colin Is The King||74|