Setanta Sports also operated Setanta Sports News under a joint venture with Virgin Media. Setanta GB also operated Arsenal TV, Celtic TV, LFC TV and Rangers TV with their respective clubs. Reports on 7 June 2009 suggested that Setanta could be forced into administration that week, after failing to make payments due on TV rights. Because of late payment and renegotiation over fees by Setanta to football clubs, several British football clubs were put into financial difficulties as money promised had been spent in annual budgets. On 4 June 2009, the Scottish Premier League announced they would be paying the sums that
British Satellite Broadcasting BSB's shareholders and Murdoch's News International made huge profits on their investments, the 50:50 merged venture having an effective quasi-monopoly on UK satellite pay-TV. From a UK perspective, British Satellite Broadcasting's existence prevented 100% of these profits being made by News International, reducing Murdoch's ability to influence government policy. At one stage of the saga, News International was facing dismemberment at the hands of its bankers. Following the takeover of Sky by Comcast in October 2018, Murdoch was no longer involved in British television but retained his newspaper assets through News Corp. British Satellite Broadcasting British Satellite Broadcasting (BSB) was