Talks between the Scottish Premier League and Setanta are ongoing as a question mark remains over the broadcaster’s ability to honour their television deal.
The board of the Irish-based company met yesterday and will continue to work on a rescue package, with the next couple of days expected to be crucial.
Fears were raised when Setanta failed to pay the final installment of this season’s TV deal last week.
A payment of £3million was due last Monday but that money has still not been received by the SPL last night.
The 12 SPL clubs came to an agreement in April following Setanta’s request to change the terms of the contract due to begin at the start of the 2010-11 season, which was initially worth £125million.
Taken from the Belfast Telegraph