Setanta enters administration
Setanta Sport went into administration this afternoon after the collapse of the business in Britain.
Deloitte have been appointed as administrators and the Irish broadcaster will soon cease to broadcast to the United Kingdom.
The development was expected after the Premier League pulled the plug on Setanta last week, and now the Football Association will have to find a new broadcast partner for FA Cup and England matches.
Neville Kahn, one of the joint administrators, said: "After a huge effort by the Setanta board, management team and its backers, it has not been possible to save the GB business, which will be wound down in due course."
Setanta have 1.2million subscribers and also had broadcast deals with the Scottish Premier League, the Blue Square Premiership, cricket's Indian Premier League and golf's PGA tour.
Kahn added: "This decision means that it will shortly cease broadcasting to its customers in Great Britain. However the International and Ireland businesses continue to trade on air whilst we are in discussions with parties to take these businesses on as going concerns.
"Regrettably, approximately 200 employees will be made redundant in respect of the GB business. Setanta has today suspended the collection of subscription payments from customers in Great Britain.
"We can confirm that no further monthly subscriptions or direct debits will be accepted from customers of the UK business."
Latest in Sport
How Manchester United manager David Moyes must wish for some of Manuel Pellegrini’s problems
World Cup 2014 draw: Greg Dyke makes 'cut throat' gesture after England are drawn in 'Group of Death'
World Cup 2014: Your guide to Group A - Brazil; Croatia; Mexico; Cameroon
World Cup draw 2014: England drawn with holders Spain in official Group Stage rehearsal
Arsenal vs Everton: Let loan players take on their parent clubs, says Arsène Wenger
- 1 Cameron's freebie to apartheid South Africa
- 2 Is this the scariest advert ever? Japanese tyre commercial comes with its own disclaimer and health warning
- 3 Sherlock series 3: Benedict Cumberbatch and Martin Freeman provide teasers for the biggest comeback in British television
- 4 A forgotten episode in Russian history leaves links with the Philippines
- 5 People will try to reduce Mandela to a lilting reggae tune about ‘love’. They will fail