Rangers and Celtic need big deal to stick with SPL
The Scottish Premier League is seeking a new broadcasting partner after Setanta forfeited its rights to the league's matches.
The SPL is well aware that a deal must be struck as close to Setanta's agreement, which would have seen the Irish broadcaster pay UK£125 million (US$204.5 million) over four seasons, as possible. The Old Firm, Rangers and Celtic, are believed to be particularly keen on abandoning the league's collective selling procedure and selling their own rights individually. That would be disastrous for the rest of the league.
That step would be less extreme than another often suggested - the two Glasgow giants abandoning the SPL altogether and seeking entry to the English Premier League.
"Setanta has been unable to meet our extended deadline for the outstanding £3m payment to the SPL and, in terms of the notice previously issued, our British broadcasting rights for season 2009/10 and beyond revert to us," said SPL chairman Lex Gold. "We set three deadlines and we wanted to work with Setanta who have been a great partner of ours. They have spent £60m in supporting Scottish football and our board were determined to give them every possible chance to work through the problems that they had. That process has been lengthy and intensive but the deadline today was the final deadline so our rights reverted to us as of 3pm today. So we are now in the market for selling those broadcasting rights for next season and beyond."
Carling joins the Scottish Football Association - 22 July 2010
Old Firm giants Celtic and Rangers set for huge US$14.4 million cash boost - 03 February 2010
Lomond Audi Group partners with the Old Firm SPL clubs - 19 August 2010
Celtic and Rangers anger at SPL agreement - 16 July 2009
Rangers take next step in recovery from Setanta collapse - 02 November 2009
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