DUBLIN – International pay sports television brand Setanta is facing serious financial trouble in the U.K. Reports out of London and other places say that the Irish company is facing bankruptcy (or, “administration” as they say in the reports) and is considering selling off parts of the company. The company has stopped taking on new subscriptions and is said to be poised to suspend rights payments to various soccer and rugby leagues as it tries to put together a rescue package worth more than $180 million. Setanta spent extensively to acquire English Premier League Football rights, as well as the...
