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I need a shop - Is it all Over for Setanta?
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 Wednesday, June 10, 2009

It looks as thought it might be all over for Setanta as an emergency meeting has taken place to try and secure a rescue package. The sports broadcaster could face going into administration within days unless backers provide more funds. The company owes the English Premier League a total of £30 million, money that it does not appear to have. It has also failed to pay the Scottish Premier League £3 million which it owes them in television rights money. It is estimated that Sentanta is currently losing up to £100 million a year. 

Wednesday, June 10, 2009 12:37:48 PM (GMT Standard Time, UTC+00:00)  #    Comments [0]    |   |  Trackback
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