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Old Firm 'may seek SPL TV rights' Old Firm 'in talks' over TV deal
(about 3 hours later)
Celtic and Rangers may be set to mount a bid to take on the broadcasting rights to the Scottish Premier League, it has been reported. Celtic and Rangers may be set to mount a bid to take on the broadcasting rights to the Scottish Premier League.
The Daily Record said the Old Firm believed the deal offered by Sky and ESPN to replace Setanta was too low. Rangers has confirmed the club was in talks with their Old Firm rivals about buying the TV rights to the SPL.
The paper said Rangers chief executive Martin Bain had confirmed that talks had taken place. The clubs are unhappy at the deal being offered by Sky and ESPN, after the collapse of Setanta last month left the SPL without a broadcasting partner.
He added that the clubs were "deeply disappointed" by the deal on the table, but did not want to comment further. The Sky and ESPN deal is believed to be £65m over five years. The issue will be discussed by the SPL board on Thursday.
Setanta's collapse left the SPL without a broadcasting partner. A spokeswoman for Rangers said: "Rangers and Celtic have had discussions with regard to buying out the SPL television rights.
Deal deadline "Both clubs felt obliged to do this given the offer from Sky and ESPN is so low."
The Sky and ESPN deal is believed to offer £65m over five years. Regular payments
It has been reported that the Old Firm believe the rights are worth £25m over two years.It has been reported that the Old Firm believe the rights are worth £25m over two years.
The SPL annual general meeting is scheduled for Thursday, when a decision could be made on a new deal.
Setanta collapsed at the end of the season after failing to meet deadlines for regular payments to both the Premier League in England and its Scottish counterpart.Setanta collapsed at the end of the season after failing to meet deadlines for regular payments to both the Premier League in England and its Scottish counterpart.
The SPL decided to seek new partners after the Irish broadcaster reneged on the final payment of £3m which was due to the league for broadcasting live games last season.The SPL decided to seek new partners after the Irish broadcaster reneged on the final payment of £3m which was due to the league for broadcasting live games last season.
Acceptance of any new deal would require all 12 clubs to vote on a formal resolution, which would have to be supported by a majority of at least eight to four.Acceptance of any new deal would require all 12 clubs to vote on a formal resolution, which would have to be supported by a majority of at least eight to four.