Media
Setanta has defaulted on a £3m payment to the Scottish Premier League, resulting in the ailing sports broadcaster losing its rights to screen SPL matches in 2009-10 and beyond.
At 3pm today, all rights that had been acquired by Setanta have reverted to the SPL, which is now "actively" seeking a buyer. ESPN and Sky are understood to have made approaches for the rights, with Sky believed to be favoured.
SPL executive chairman Lex Gold 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."
At 3pm today, all rights that had been acquired by Setanta have reverted to the SPL, which is now "actively" seeking a buyer. ESPN and Sky are understood to have made approaches for the rights, with Sky believed to be favoured.
SPL executive chairman Lex Gold 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."
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