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Post by derbiean on Jun 8, 2009 11:47:31 GMT -1
Setanta could be forced into administration this week after failing to make payments due on TV rights. Setanta is under pressure to come up with the money for showing football games An announcement is expected on the future of the sports broadcaster this afternoon. The Irish company is struggling to pay money owed to football associations under its rights deals. Last week it failed to pay the £3m owed to the Scottish Premier League under the final instalment of this season's TV deal. It has until tomorrow to come up with the fee and Deloitte is on standby to act as an administrator if it cannot find the money. If the company falls into administration it could trigger a rush to grab its TV rights - including the England football team's away qualifiers and some FA Cup matches. ITV and Setanta won the contract for the games in 2007, before the recession took its toll on advertising revenues. But since then the FA is said to have rebuffed attempts by Setanta to reduce its £150m share of the £425m four-year deal. The company also has rights to screen matches from the Barclays Premier League, which is awaiting a £35m payment later this month. Currently Setanta has about 1.2m customers but needs 1.9m to break even, according to the Sunday Times. Irishmen Michael O'Rourke and Leonard Ryan set up Setanta in 1990. The company takes its name from a hero of Irish legend.   |
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Post by C@V on Jun 8, 2009 13:06:02 GMT -1
Stupid Irish crap! They couldn't run a piss up in a brewery!
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Post by DTR on Jun 8, 2009 13:35:36 GMT -1
Oh yes they can!!!! stupid southern person; they just can't run a broadcasting company ;D
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Post by C@V on Jun 8, 2009 13:43:48 GMT -1
Maybe they organised a piss up in the broadcasting premises.................hence the fact it's going down the tubes!
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Post by DTR on Jun 8, 2009 14:07:52 GMT -1
That's what happens when you try and run a broadcasting company from the Guinness brewery
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Post by GresleyRam©®™ on Jun 8, 2009 15:32:30 GMT -1
Good - i hope it's the end of the crazy money in football and the start of getting the game back to where it was....but i doubt it!
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Post by Neko Bazu on Jun 8, 2009 16:11:32 GMT -1
Good - i hope it's the end of the crazy money in football and the start of getting the game back to where it was....but i doubt it! Just means less money for the lower leagues  Sky'll still pay the Prem sides an absolute fortune  |
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Post by PureOldGold on Jun 8, 2009 16:17:00 GMT -1
Another ITV digital than, at least the football league clubs won't suffer this time.
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Post by PureOldGold on Jun 8, 2009 16:19:20 GMT -1
Good - i hope it's the end of the crazy money in football and the start of getting the game back to where it was....but i doubt it! Just means less money for the lower leagues Sky'll still pay the Prem sides an absolute fortune Setanta broadcast non league games i think, i can't see the football league clubs suffering from this, if anything another broadcaster will pick up the FA CUP and Premier league games at a lower price. Its not like they cover the smaller clubs much in the FA CUP anyway. |
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Post by Neko Bazu on Jun 8, 2009 16:52:47 GMT -1
Just means less money for the lower leagues Sky'll still pay the Prem sides an absolute fortune Setanta broadcast non league games i think, i can't see the football league clubs suffering from this, if anything another broadcaster will pick up the FA CUP and Premier league games at a lower price. Its not like they cover the smaller clubs much in the FA CUP anyway. They did some L1 and L2 games too, IIRC. At any rate, please note who I support and where they'll be playing next season. Bet the FA arranged this too!   |
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Post by El Morto La Hoja! on Jun 8, 2009 16:55:33 GMT -1
my understanding is that next seasons prem. matches are split between setanta and sky..... so what happens to the games supposedly suppose to be on setanta if they go bankrupt?
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Post by PureOldGold on Jun 8, 2009 16:59:21 GMT -1
my understanding is that next seasons prem. matches are split between setanta and sky..... so what happens to the games supposedly suppose to be on setanta if they go bankrupt? Another broadcaster would come in with a bid and televise them, when the rights were up for sale they were very competitive at the time. |
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Post by El Morto La Hoja! on Jun 8, 2009 17:00:59 GMT -1
my understanding is that next seasons prem. matches are split between setanta and sky..... so what happens to the games supposedly suppose to be on setanta if they go bankrupt? Another broadcaster would come in with a bid and televise them, when the rights were up for sale they were very competitive at the time. come on bbc, spend money on something people actually want to see  |
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Post by PureOldGold on Jun 8, 2009 17:03:11 GMT -1
Another broadcaster would come in with a bid and televise them, when the rights were up for sale they were very competitive at the time. come on bbc, spend money on something people actually want to see I doubt a terrestrial broadcaster will outbid a cable company. |
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Post by El Morto La Hoja! on Jun 8, 2009 17:04:57 GMT -1
come on bbc, spend money on something people actually want to see I doubt a terrestrial broadcaster will outbid a cable company. can they first scrap Eastenders, the morning "news", strictly come dancing and alike, the one show and all that bollocks to make up the funds |
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Post by derbiean on Jun 8, 2009 17:34:03 GMT -1
I doubt a terrestrial broadcaster will outbid a cable company. can they first scrap Eastenders, the morning "news", strictly come dancing and alike, the one show and all that bollocks to make up the funds They cud but they wont as they enjoy tormenting us |
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Post by Pete the Wolf on Jun 8, 2009 21:07:04 GMT -1
Another broadcaster would come in with a bid and televise them, when the rights were up for sale they were very competitive at the time. come on bbc, spend money on something people actually want to see They'll say they've got the football though with a grand total of of 10 Championship games per season |
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Post by PureOldGold on Jun 10, 2009 10:33:44 GMT -1
The sports broadcaster is due to pay £30m to the Premier League for TV rights to matches, but is struggling to find the money.
BSkyB, the owner of Sky News, was asked to provide a £50m lifeline in return for the live rights to 46 Premier League games next season.
But Sky's chief executive Jeremy Darroch said Sky was "a broadcaster not a bank" - though he insisted it had no wish to see Setanta go into administration.
He said: "At the end of the day we are not a bank, we are a broadcaster, not a supplier of working capital to a business and rights holder.
"Our job is not to fund other companies. This is a huge amount of money."
Broadcaster ESPN is favourite to step in and take over Setanta's Premier League games if it goes into administration
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gt
Non League Player (someone crap, like Boston)
Posts: 51
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Post by gt on Jun 10, 2009 10:47:46 GMT -1
I'm planning on making my own bid for broadcasting rights on GTTV  |
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Post by Mrs H on Jun 10, 2009 12:18:00 GMT -1
As long as ITV and Andy Townsend don't get anymore matches!!!!
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Sky'll still pay the Prem sides an absolute fortune 
Forever without exception. x