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UK broadcasters looking to renegotiate FA contracts

UK broadcasters Setanta and ITV are both looking to renegotiate their television broadcast contracts with the Football Association. According to the Daily Telegraph, it is understood that pay-television broadcaster Setanta delayed making a scheduled payment of more than £10 million on their £150 million contract.

ITV are looking to reschedule payments on their £275 million deal but has met all scheduled installments so far.

The FA's £425 million four-year deal with the broadcasters began this season covering England home internationals and the FA Cup.

Both broadcasters are addressing separate financial issues but are clearly suffering the effects of the economic downturn.



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