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Tue 06 Jun 2009Setanta UK goes into administration
The UK division of Setanta Sports has gone into administration and appointed Deloitte as its administrator, the broadcaster confirmed this afternoon.
Setanta, which has 1.2 million subscribers, suspended the collection of subscription payments from customers in the UK.
Administrator Neville Kahn said: “After a huge effort by the Setanta board, management team and its backers, it has not been possible to save the GB business, which will be wound down in due course.”
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