Media

Setanta Sports ends sale talks

Published Monday, Apr 7 2008, 14:26 BST | By Dave West
Setanta Sports ends sale talks
A sale of Setanta Sports is off the agenda after potential buyers declined its £1bn asking price.

The Irish pay-TV service admitted it was looking at offers from several suitors in February. Those interested included BT, ITV and Disney subsidiary ESPN.

However, all buyers were put off by the £1bn valuation, according to several reports.

A source told the Financial Times: "If a good offer came along, it would be considered but, for now, talks are not continuing."

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