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Post by Baggs on Apr 7, 2009 11:02:20 GMT
Setanta looks to raise up to £100m
The Financial Times reports that Setanta is holding talks with private equity firms to raise up to £100m after it failed to retain both of its packages for the 2010/11-2012/13 Premier League rights.
Potential subscriber losses may cast doubts over its future
Setanta will now pay £159m for its package, a significant reduction on its existing contract. While Setanta needed to cut costs to reach breakeven, we believe potential subscriber losses could cast doubts over its future and deter investors.
Business model under review
Setanta is reported (Daily Telegraph) to be reviewing its business model and considering narrowing its offering from the 12 channels it currently offers to 2-3 core channels. While this is likely to secure payments to and coverage of the Premier League and the FA Cup, reports suggest that Setanta is considering pulling out of / renegotiating other contracts. This could have consequences for Premier Rugby, the US PGA Tour and the Scottish Premier League.
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Post by wembley4372 on Apr 7, 2009 11:04:24 GMT
Their coverage is very poor anyway, so probably no great loss.
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Post by exiledstokie on Apr 7, 2009 11:04:42 GMT
good!! Can't stand Setanta
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Post by mickstupp on Apr 7, 2009 11:06:23 GMT
Good its scandalous that they have the rights to England away games
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Post by boothenender on Apr 7, 2009 11:19:18 GMT
setanta are a rubbish outfit...
was watching t.v on saturday,all premiership results were 25 minutes late.
i was going to phone them with results that were appearing on sky.
i would not miss setanta if they folded.
very cheap and very nasty.
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Post by fentonstokie on Apr 7, 2009 11:22:01 GMT
Good its scandalous that they have the rights to England away games No different then when SKY had it though. You still need to pay for it. All England games should be FREE to watch. |
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Post by northstokie on Apr 7, 2009 11:26:26 GMT
They are very poor, I'm all for there not being a monopoly but if you want to rival the other company you have to beat or at least match the coverage which Setanta don't - their coverage is apalling, the picture quality is unbelievably poor and I for one am glad they lost the second package...
In fact, I have just come off the service as they put me up to full price having had nearly 2 yrs at £5/month - they ring every single day to try and get me back too - they be fooked
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Post by nott1 on Apr 7, 2009 11:40:09 GMT
I'd like to see ALL pay to view channels go bust and it would happen if people were sensible and stopped paying their ridiculous fees, then we'd get live footie on the beeb and the players would stop getting stupid wages !
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greg33
Academy Starlet
Posts: 183
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Post by greg33 on Apr 7, 2009 11:48:20 GMT
I would rather pay for pay per view tv as you call it such as setanta or sky sports as it is something I want to watch in comparison to pay the ridiculous tv licence fee which is more than £11 per month now and get a load of shit such as strictly come dancing shit, who's fucking around in the jungle and that twat adrian childs trying to convince everyone that west brom are good!!!! Enough said!!!
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Post by Stokie Tommy on Apr 7, 2009 12:03:44 GMT
Setanta is a rip off anyway fuck em
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Post by PotteringThrough on Apr 7, 2009 12:07:58 GMT
Setantas alright, its free with Virgin so thats decent enough
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Post by stokesaint1 on Apr 7, 2009 12:11:37 GMT
All hail Bexhillpootter, absolutely spot on. Overpriced pay channels and overpaid footballers both need culling.
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chelli
Academy Starlet
Posts: 132
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Post by chelli on Apr 7, 2009 12:11:56 GMT
That's old news that's been kicking around since the Premier League rights bids a couple of months ago.
Actually I quite like Setanta - cheap and cheerful - and at £12 I'm not sure how it's a rip off - at least you don't have to sign up to £20's worth of crap before you even qualify to spend even more money on the Sports Channels.
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Post by Alvechurch Assassin on Apr 7, 2009 12:14:00 GMT
they've only bothered to show one of our games so far, with Newcastle to come - so sod them.
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Post by truckerged on Apr 7, 2009 12:19:10 GMT
stokesaint and bexhill are you living on a different planet than the rest of us? i know lets not pay for any food then the supermarkets will give it us for free!! are you a banker by any chance?
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Post by Etain Tur-Mukan on Apr 7, 2009 13:50:04 GMT
Nowt wrong with Setanta. Extra football on TV is always good.
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Post by northstokie on Apr 7, 2009 14:45:02 GMT
I'd like to see ALL pay to view channels go bust and it would happen if people were sensible and stopped paying their ridiculous fees, then we'd get live footie on the beeb and the players would stop getting stupid wages ! If that happened, the licence fee would rise and Stoke wouldn't be able to pay the likes of Beattie and Abdoulaye so they would go abroad..... just wouldn't happen |
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Post by lordeffinghamhunt on Apr 7, 2009 14:46:44 GMT
I said on this very board that Setanta were on their way out a good month ago.
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Post by canadianmoose on Apr 7, 2009 14:50:50 GMT
I hope not. In Canada, Setanta is about my only option for decent football coverage.
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Post by DrGonzo on Apr 7, 2009 15:18:52 GMT
Makes me laugh when people slate the BBC licence fee - for which you get some half decent TV/radio (such as listening to the game on Radio Stoke). Yet they are perfectly happy to pay 5 times as much each month for 5000 channels of trash TV filled with hours upon hours of adverts so they can watch a few football games a week.
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Post by Deleted on Apr 7, 2009 15:20:10 GMT
Thought for a while that they were another ON Digital waiting to happen.
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Post by r10ryx on Apr 7, 2009 15:31:28 GMT
They must be doin bad, they rang us, 5 times since friday asking us to join them
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Post by Moosehead on Apr 7, 2009 15:40:08 GMT
The good thing I see with Setanta going bump (hopefully) is that Sky will pretty much get a monopoly on the footy. Which means they will end up paying less to the Premier League for their rights, thus clubs getting less money and leading to more equality between the PL and the FL. I'm sure there is more to it than that mind...
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Post by burtonstokie on Apr 7, 2009 15:46:53 GMT
Good, I hate Setanta but I have Sky so hopefully Sky will get most of the rights back
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Post by knowingeye on Apr 7, 2009 16:16:11 GMT
Good, I hate Setanta but I have Sky so hopefully Sky will get most of the rights back I thought the same but Sky will probably increase the PPV matches to cover the "new" games. The other thing is where does the Setanta money go to in terms of League Club payments. It's bad enough for many just now and less money in the game may force more into trouble. |
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Post by Trubritt on Apr 7, 2009 16:19:40 GMT
well i have nothing against Setanta, more choice has got to be better
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Post by kingdeano on Apr 7, 2009 16:56:34 GMT
they are in a real mess, they cant even bid for any of the big fights this year, i only have the bloody channel for the boxing, looks like ill be saving 11 quid a month from now on
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Post by grandad on Apr 7, 2009 17:15:47 GMT
Makes me laugh when people slate the BBC licence fee - for which you get some half decent TV/radio (such as listening to the game on Radio Stoke). Yet they are perfectly happy to pay 5 times as much each month for 5000 channels of trash TV filled with hours upon hours of adverts so they can watch a few football games a week. gonzo i see where your coming from but the major difference is that if you dont like setanta or sky you dont pay, if you dont like the bbc tough shit your paying anyway |
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Post by mark71 on Apr 7, 2009 17:19:13 GMT
Makes me laugh when people slate the BBC licence fee - for which you get some half decent TV/radio (such as listening to the game on Radio Stoke). Yet they are perfectly happy to pay 5 times as much each month for 5000 channels of trash TV filled with hours upon hours of adverts so they can watch a few football games a week. DrGonzo, The problem with the licence fee is not the cost of it but the fact you don't have a choice in buying it and that it is wasted by unaccountable people. If the BBC was a pay to view/listen service it would be bankrupt in 6 months. |
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