Setanta chiefs net millions in US sale

THE two founders of the broadcaster Setanta Sports have netted millions from the sale of a stake in the company to an American investment firm.

Setanta chiefs net millions in US sale
Thu, 30 Dec, 2004 - 00:00
Ian Guider

The Irish Examiner has learned that America Insurance Group (AIG) has bought a minority stake in the sports channel.

The company would not disclose how much the company’s founders Michael O’Rourke and Leonard Ryan will earn from the sale, but given the size of Setanta, the figure could be in excess of €10 million.

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CourtsPlace: USPlace: New YorkPlace: BritainPlace: IrelandPlace: DublinPlace: San FranciscoPlace: SydneyPlace: GlasgowPlace: LondonPlace: EuropePlace: AustraliaPerson: Michael O’RourkePerson: Leonard RyanPerson: Denis O’BrienPerson: Mick PilsworthEvent: Formula One championshipEvent: Scottish Premier LeagueOrganisation: SetantaOrganisation: Setanta SportsOrganisation: Irish ExaminerOrganisation: America Insurance GroupOrganisation: AIGOrganisation: Grobal Sports and Entertainment FundOrganisation: RTÉOrganisation: CelticOrganisation: RangersOrganisation: World Wrestling EntertainmentOrganisation: Island CapitalOrganisation: ServecastOrganisation: Chrysalis TelevisionOrganisation: Setanta Sports Holding Limited
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