Premier League end contract with Setanta | inside World Soccer

Premier League end contract with Setanta

Sunday, June 21, 2009

The Premier League announced on Friday they have terminated their contract with troubled Irish broadcaster Setanta with immediate effect.

The pay-TV company has lost the rights to 46 live matches for the 2009/10 season after failing to make a scheduled payment of £30 million to the league by an evening deadline.

Setanta had been warned earlier this week that the Premier League would sell off their games to the highest bidder if they did not make the payment.

The Premier League said in a statement: "The Premier League has been working with Setanta for some time to help them continue as the broadcaster of 46 UK live matches for the 2009/10 Season.

"The Premier League, in agreement with Setanta, stipulated that certain contractual requirements had to be met on or before Friday 19 June 2009 to allow the preparations for the 2009/10 season to continue unaffected.

"It is with considerable regret that we announce that Setanta has been unable to meet their obligations. As such the existing licence agreement between us has been terminated with immediate effect.

"The Premier League will now go ahead and market the 46 UK live matches for the 2009/10 season."

Those 46 games will now be auctioned off, with Sky favourites to win half of them and ESPN the other 23 when the bidding closes on Monday.

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