Setanta to be switched off 12 midnight tonight, so they said on the news.
Setanta switch off is looming
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you best read this then http://www.digital-kaos.co.uk/forums...ollapse-40788/
and the first post in this thread.... was hard to misssLast edited by caveman_nige; 11 June, 2009, 22:21.Comment
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and can't wait so much talk about a crap tv station
IM SORRY but i will never have any sympathy for maggie thatcher .... the bitch
I WOULD STILL LIKE TO SAY MY HEART AND RESPECT GOES OUT ALL BRITISH AND ALL ARMY TROOPS FIGHTING THE TERROR WHICH STILL BREEDS IN THE WORLD!! YOU HAVE AND ALWAYS WILL HAVE MY UTMOST RESPECT !
YNWA!!!
JUSTICE FOR THE '96"
"People say football is a matter of life and death. I'm disappointed by that approach, I believe it is much more important than that - Bill Shankly" -
YNWAComment
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Sports broadcaster Setanta faces a day of reckoning today as it struggles to negotiate a rescue deal while fighting off a Premier League threat to pull a major contract.
The firm has until today to fulfil "certain contractual requirements" or face losing the last part of its existing ?392m (?460m) three-year deal, under which it will show 46 Premier League football matches next season.
An emergency tender of Setanta's games for 2009/10 has already been launched but will be cancelled if the broadcaster manages to meet demands.
Meanwhile Setanta is attempting to stave off administration by raising funds to help pay TV rights bills, which include the Barclays Premier League, as well as the FA Cup and Scottish Premier League (SPL).
A deal has been put forward by US tycoon Len Blavatnik's Access Industries, which is reportedly offering ?20m (?23.5m) in return for a 51% stake. 'Big Brother' maker Endemol has also been linked with an investment.
The company, which started taking new subscriptions again this week on hopes of a rescue, boasts around 1.2 million subscribers - but that is still short of the reported 1.9 million it needs to break even and customer numbers have been hit by the recession.
Setanta suspended new subscriptions last week, prompting fears over the future of the business. It also missed a ?3m (?3.5m)payment due to the SPL under the current deal - forcing the league to pay clubs from its own pocket.
It owes ?30m (?35m) to the Barclays Premier League.
Deloitte has been lined up as administrator if the broadcaster's survival efforts fail.Comment



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