Having failed to meet a 5PM local time (9 AM Pacific Time) deadline to pay the first installment on a roughly $49 Million fee to the English Premier League for their part of the television rights to air EPL games this coming season, Setanta Sports have lost their right to carry Premiership contests in the United Kingdom.
Also, the deal that would have resulted in Russian-born American industrialist Len Blavatnik buying a 51% share in Setanta Sports fell through.
Becasue of a separate deal to carry EPL games here in the States, it looks like Premiership contests will still air this coming season on Setanta Sports here in this country.
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