Setanta Sports sale unlikely to happen for 18 months

THE sale of broadcaster Setanta Sports is unlikely to happen for at least 18 months.

The company had been informally considering its future options, but its shareholders are not thought to be looking at an immediate sale of the company.

Despite weekend media reports in Britain, it is also understood the channel, founded by Leonard Ryan and Michael O’Rourke, is not seeking new funds from investors.