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Following my blog entry on Scottish football club woes yesterday it has now been announced that Setanta Sports, the Irish broadcaster, has entered administration. The BBC pick up the story here. The Setanta website notes:
"Setanta Sports Customers from England, Wales, Scotland, Isle of Man and
Channel Islands, please be advised that it is with great regret that Setanta GB
is no longer trading.
Setanta Sports is still operating in the Republic of
Ireland and Northern Ireland only. Customers from ROI and NI should go to www.setanta.com/ie for
Setanta Sport LimitedSetanta Transmissions (UK)
LimitedSetanta Sports S.a.r.l(All In Administration)(together "the
On 23 June 2009, Neville Kahn, Lee Manning and Nick Edwards were
appointed Joint Administrators of the Companies and now manage the affairs,
business and property of Setanta Sport Limited and Setanta Transmissions (UK)
Limited and Setanta Sports S.a.r.l.. The Joint Administrators contract as agents
of the Companies and without personal liability"
"This is the ultimate statement of where the law on IVAs is to be found in our great common law...