Financial Times FT.com

Setanta hunted to exhaustion

By Ben Fenton and Roger Blitz

Published: June 8 2009 23:00 | Last updated: June 8 2009 23:00

The Premier League was taking a tough line with Setanta on Monday as the main holder of UK football rights seemed ready to let the sports broadcaster go into administration over a £30m ($48m) payment due next Monday.

Setanta met on Monday to decide if it could meet a £30m payment due to the Premier League next Monday as time appeared to be running out for the sports channel operator.

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