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Setanta Sports Receives Several Takeover Bids

 Setanta Sports Receives Several Takeover BidsFor the past 12 months, EPL Talk has reported several times about speculation that media companies have allegedly been involved in behind-the-scenes discussions about taking over Setanta Sports. Now the news has hit the mainstream press with The Sunday Telegraph reporting that Setanta had received an unsolicited approach potentially worth almost 2 billion dollars from a rival European broadcaster.

Thomson Financial News, meanwhile, is reporting that Setanta has had several takeover approaches from major media companies according to a source close to the situation. All of the interested parties are from unidentified potential bidders in the industry.

Potential bidders could include ITV, BT, Virgin Media and ESPN.

According to The Sunday Telegraph, investment bank Goldman Sachs has been asked by its fellow shareholders to field enquiries from interested parties, which will undoubtedly open a string of interest from companies worldwide.

In late 2007, there were strong rumors linking ESPN to Setanta Sports. Watch this space for more developments in the coming weeks.


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About Christopher Harris

Founder and publisher of World Soccer Talk, Christopher Harris is the managing editor of the site. He has been interviewed by The New York Times, The Guardian and several other publications. Plus he has made appearances on NPR, BBC World, CBC, BBC Five Live, talkSPORT and beIN SPORT. Harris, who has lived in Florida since 1984, has supported Swansea City since 1979. He's also an expert on soccer in South Florida, and got engaged during half-time of a MLS game. Harris launched EPL Talk in 2005, which was rebranded as World Soccer Talk in 2013.
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