Setanta Sports has put in place two of the building blocks needed to ensure its €570 million Premiership football gamble pays off. The Irish sports TV group has finalised its long awaited re-financing deal and sold its North American Sports Network (NASN).
Both moves are connected. Setanta, which is controlled by entrepreneurs Michael O’Rourke and Leonard Ryan, agreed last May to pay £392 million (€570 million) for two of the six packages of Premiership football...
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