The Week: City News - Setanta secures £90m

campaignlive.co.uk, Friday, 30 November 2007 12:00AM

Setanta Sports has raised £90 million by issuing shares to the private equity companies Doughty Hanson and Balderton Capital and the investment bank Goldman Sachs, after it acquired the rights to broadcast the England football team's away World Cup qualifiers.

Setanta has also issued shares to its senior executives, who now own more than 20 per cent of the company. The broadcaster plans to spend the money on buying the rights to England international and FA Cup games.

This article was first published on campaignlive.co.uk

X

You must log in to use Clip & Save

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus

Additional Information

Campaign Jobs