Setanta woes worsen

Setanta suffered a fresh blow this morning as BT Vision suspended any further sales of Setanta Sports.



The board of the Irish broadcaster is meeting this morning to consider a last-ditch rescue package in a bid to stave off administration by selling off large chunks of the company.

BT Vision, the home digital TV service, has now moved to suspend any new sales.

"We are closely monitoring the situation with regard to the current position of Setanta Sports," BT Vision said in a statement.

"As a precaution we have currently suspended any further sales of Setanta Sports from this morning."

Setanta is still broadcasting but it is not now possible for new subscribers to sign up via their website either.

It emerged yesterday that BSkyB had refused a £50million lifeline to the Irish pay-TV broadcaster who are in crisis with a payment of more than £30million due to the Premier League this week and backers refusing to advance them any more money.

Sky's chief executive Jeremy Darroch said: "Our job is not to fund other companies.

"We have been talking to Setanta, and trying to work with them and help them.

"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.

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

Some Scottish Premier League clubs could be forced out of business if Setanta goes into administration, according to a former club chairman.

Labour peer Lord Foulkes, a former chairman of Hearts, believes the situation is very serious for members of the Clydesdale Bank Premier League.

He told BBC Radio 4's Today programme: "I think it puts the future of one or two SPL clubs in jeopardy. They are already struggling financially and this on top of it could be the tipping point.

"In some clubs it represents up to 20 per cent of their income and the loss of it would be really catastrophic."

Another broadcaster, ESPN, is favourite to step in and take over Setanta's Premier League games if they go into administration.

PROMOTED VIDEO
Have you tried new the Independent Digital Edition apps?
News
ebooksNow available in paperback
News
videoJapanese prepare for the afterlife by testing out coffins
Arts and Entertainment
Harrison Ford attends Blade Runner at Target Presents AFI's Night at the Movies at ArcLight Cinemas on 24 April, 2013 in Hollywood, California
film... but Ridley Scott won't direct
Sport
Hughes is hit by a bouncer from Sean Abbott
cricketStephen Brenkley on batsman's tragic flaw that led to critical injury
Sport
Dejected England players applaud the fans following their team's 3-0 defeat
football

Extras
indybest
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

iJobs Job Widget
iJobs Media

h2 Recruit Ltd: Graduate Consultant - Sales Recruitment - £35k ote

£18000 - £25000 per annum + £35k ote: h2 Recruit Ltd: Looking for your first s...

Recruitment Genius: Advertising Media Sales - Print, Online & Mobile

£19000 - £30000 per annum: Recruitment Genius: This publishing house has been ...

Recruitment Genius: Web Designer

£20000 - £28000 per annum: Recruitment Genius: Award winning Peterborough base...

Langley James : PHP Developer; Linux, MySQL, MVC, GIT; Blackfriars; £40k

£35000 - £40000 per annum + progression, upskilling: Langley James : PHP Devel...

Day In a Page

Homeless Veterans Christmas Appeal: Drifting and forgotten - turning lives around for ex-soldiers

Homeless Veterans Christmas Appeal: Turning lives around for ex-soldiers

Our partner charities help veterans on the brink – and get them back on their feet
Putin’s far-right ambition: Think-tank reveals how Russian President is wooing – and funding – populist parties across Europe to gain influence in the EU

Putin’s far-right ambition

Think-tank reveals how Russian President is wooing – and funding – populist parties across Europe to gain influence in the EU
Tove Jansson's Moominland: What was the inspiration for Finland's most famous family?

Escape to Moominland

What was the inspiration for Finland's most famous family?
Nightclubbing with Richard Young: The story behind his latest book of celebrity photographs

24-Hour party person

Photographer Richard Young has been snapping celebrities at play for 40 years. As his latest book is released, he reveals that it wasn’t all fun and games
Michelle Obama's school dinners: America’s children have a message for the First Lady

A taste for rebellion

US children have started an online protest against Michelle Obama’s drive for healthy school meals by posting photos of their lunches
Colouring books for adults: How the French are going crazy for Crayolas

Colouring books for adults

How the French are going crazy for Crayolas
Jack Thorne's play 'Hope': What would you do as a local politician faced with an impossible choice of cuts?

What would you do as a local politician faced with an impossible choice of cuts?

Playwright Jack Thorne's latest work 'Hope' poses the question to audiences
Ed Harcourt on Romeo Beckham and life as a court composer at Burberry

Call me Ed Mozart

Paloma Faith, Lana del Ray... Romeo Beckham. Ed Harcourt has proved that he can write for them all. But it took a personal crisis to turn him from indie star to writer-for-hire
10 best stocking fillers for foodies

Festive treats: 10 best stocking fillers for foodies

From boozy milk to wasabi, give the food-lover in your life some extra-special, unusual treats to wake up to on Christmas morning
Phil Hughes head injury: He had one weakness – it has come back to haunt him

Phil Hughes had one weakness – it has come back to haunt him

Prolific opener had world at his feet until Harmison and Flintoff bounced him
'I have an age of attraction that starts as low as four': How do you deal with a paedophile who has never committed a crime?

'I am a paedophile'

Is our approach to sex offenders helping to create more victims?
How bad do you have to be to lose a Home Office contract?

How bad do you have to be to lose a Home Office contract?

Serco given Yarl’s Wood immigration contract despite ‘vast failings’
Green Party on the march in Bristol: From a lost deposit to victory

From a lost deposit to victory

Green Party on the march in Bristol
Putting the grot right into Santa's grotto

Winter blunderlands

Putting the grot into grotto
'It just came to us, why not do it naked?' London's first nude free runner captured in breathtaking images across capital

'It just came to us, why not do it naked?'

London's first nude free runner captured in breathtaking images across capital