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Setanta go into Administration

This is a discussion on Setanta go into Administration within the European Sports forums, part of the Sports Forums category; What i get annoyed about is these channels have the premier league and yet don't show a game at 3pm ...


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Old 06-09-2009, 11:45 AM   #11 (permalink)
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Re: Time running out for Setanta

What i get annoyed about is these channels have the premier league and yet don't show a game at 3pm on a Saturday afternoon.

Yes i know people go to the football but what about the people that don't go? They should show a game at 3pm instead of waiting till 8pm and showing all the games.
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Old 06-09-2009, 11:47 AM   #12 (permalink)
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Re: Time running out for Setanta

Quote:
What i get annoyed about is these channels have the premier league and yet don't show a game at 3pm on a Saturday afternoon.

Yes i know people go to the football but what about the people that don't go? They should show a game at 3pm instead of waiting till 8pm and showing all the games.
Pretty sure there's a law against showing 3pm kickoffs live.
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Old 06-09-2009, 11:52 AM   #13 (permalink)
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Re: Time running out for Setanta

Quote:
Pretty sure there's a law against showing 3pm kickoffs live.
Really? Thats stupid.
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Old 06-09-2009, 11:58 AM   #14 (permalink)
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Re: Time running out for Setanta

Well think about it Mikk, if they showed 3pm kickoffs then that would lower the attendances, early and late kickoffs accomodate people that can't get there at 3pm.
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Old 06-09-2009, 01:10 PM   #15 (permalink)
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Re: Time running out for Setanta

Ya, it's illegal to show games live at 3pm on a Saturday, because of illegal betting, cheating etc...
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Old 06-10-2009, 08:51 AM   #16 (permalink)
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Re: Time running out for Setanta

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Well think about it Mikk, if they showed 3pm kickoffs then that would lower the attendances, early and late kickoffs accomodate people that can't get there at 3pm.
This is true, there's a law aginst UK TV stations showing matches live at 3pm on a Saturday to prevent exactly that. This is why we have the 12.30 & 5.30 games.

I enjoyed Setanta's Scottish coverage but their Premier League coverage was amateurish compared to Sky. From a selfish point of view, I'm happy because it means that I'll get more games on Sky, no way I was paying an extra £10 on top of what I already paid for Sky Sports
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Old 06-10-2009, 10:30 AM   #17 (permalink)
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Re: Time running out for Setanta

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Originally Posted by BBCSport
BSkyB rejects Setanta rescue deal

BSkyB refused a £50m lifeline to Irish pay-TV broadcaster Setanta - which is facing administration - it has emerged.

Setanta had offered access to its live rights for 46 English Premier League games next season as an add-on option to Sky Sports, in return for the cash.

On Tuesday night, Setanta held an emergency board meeting to discuss efforts to stave off administration.

There are conflicting reports from sources close to the company over the firm's future should it collapse.


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Missed out

Setanta's founders Leonard Ryan and Michael O'Rourke are in talks with backers to secure financing to keep the firm going, according to some reports.

Meanwhile US sports broadcaster ESPN is also said to be interested in either buying the Irish firm for a nominal sum or simply bidding for its rights to the Premier League.

ESPN, which has been expanding in Europe, has remained quiet over its investment strategy.

But it missed out on acquiring the rights to English football's top league when they were auctioned earlier this year.

Setanta appears to have closed its online and telephone subscription sales services.

And BT Vision said that while Setanta was still available in its packages and as a stand-alone channel, it was no longer advertising the service.

Wholesale changes

BSkyB's chief executive, Jeremy Darroch, said that his firm had been "talking to Setanta, and trying to work with them and help them", but that it could not agree to the Irish company's proposal.

"At the end of the day, we are not a bank, we are a broadcaster, not a supplier of working capital to a business and rights holder," he said.

"Our job is not to fund other companies. This is a huge amount of money."

Under the current UK broadcast deal, which lasts for one more season, BSkyB holds four packages of rights to show live Premier League matches next season - a total of 92 games.

Setanta has the other two packages, which cover 46 games.

Under European Union competition rules, BSkyB could not hold all of the rights packages.

However, Setanta could act as a wholesaler - retaining the rights, but then selling on the football coverage, which rivals would show through their channels.

Some analysts say that this business model is the only way that Setanta can survive, rather than selling its coverage directly to customers.

It already does this for Virgin Media, which makes Setanta channels available as part of its more expensive packages.

Setanta would probably receive less revenue this way than by selling directly but it would potentially be able to reach a wider market, thanks to the marketing power of the likes of BSkyB.

This business model would also allow Setanta save money, as it would not need marketing or customer services teams.

Subscriber shortfall

Setanta, which shows cricket, golf and rugby union as well as football, has about 1.2 million subscribers, but this is only about 60% of the number it needs, according to analysts.

Consequently, the company is losing up to £100m a year.

Deloitte is set to step in to run the firm if it goes into administration.

But Setanta has played down reports that it is set to call in the administrators.

The company needs to pay £30m that is due to the English Premier League and has already failed to pay the Scottish Premier League £3m it owes in television rights money.

Analysts widely expect that anybody picking up Setanta's sporting television rights would pay less than the current rates .

And Labour peer Lord Foulkes, the former chairman of Edinburgh side Hearts told the BBC that some Scottish top-flight football clubs could be forced out of business if they faced a loss in television revenue.

"They are already struggling financially and this on top of it could be the tipping point.

"In some clubs it represents up to 20% of their income and the loss of it would be really catastrophic."
Looks like Setanta is fucked.
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Old 06-10-2009, 10:34 AM   #18 (permalink)
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Re: Time running out for Setanta

Perhaps Fox Soccer will get more games now, since over here the two channels split games between each other. Plus, Setanta alone is 15 dollars, it's ridiculous to charge that much for one channel. I called Directv and asked about it, the lady who I was talking to couldn't believe it either.
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Old 06-11-2009, 07:10 AM   #19 (permalink)
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Re: Time running out for Setanta

As the article Tom posted suggests, ESPN may be looking to get into the British football market. I'd love to see a battle between them and Sky for football coverage.
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Old 06-11-2009, 12:35 PM   #20 (permalink)
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Re: Time running out for Setanta

from a SPL veiw this could really fuck up the league Rangers and Celtic would be ok but i would predict that near enough every other team could have a chance of going bust.
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