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Jasmeet_87
22nd June, 2009, 04:12 PM
Setanta today notified the Scottish Premier League that it is unable to make the outstanding payment of ?3 million to the SPL.

Lex Gold, Executive Chairman of the SPL, said: ?Setanta has been unable to meet our extended deadline for the outstanding ?3 million payment to the SPL and, in terms of the notice previously issued, our British broadcasting rights for season 2009/10 and beyond revert to us.

?We are now actively engaging in the process of selling our domestic broadcasting rights for next season and beyond."

News & Features (http://www.scotprem.com/content/default.asp?page=s2&newsid=7942&back=home)