Setanta goes into Administration
It has been confirmed that troubled broadcaster Setanta Sports has now gone into administration, with the loss of all jobs in the UK and Ireland.
It is going to stop broadcasting shortly to customers in the UK, and will immediately cease taking payments for subscriptions. It will however continue to broadcast elsewhere.
Unable to pay the money it owed for its broadcast rights, it lost its bundles of games for both the English Premier League and the Scotish Premier League. It hoped that a rescue package could be reached, but talks broke down and this couldn’t be accomplished.
On Monday ESPN bought the rights to broadcast the 46 English Premiership matches that Setanta were due to show, and its package of 23 matches for the next 3 years. They are going to be shown on one of ESPN’s channels via Sky.