On 22 June 2009, it was reported by RTÉ News that the original Setanta Sports channel, Setanta Ireland, might be bought out by an existing consortium who already hold interests in Setanta Sport Holdings Ltd., the Irish arm of Setanta Sports. Setanta Sports Ireland and Setanta Sports North America were the only brands which made a profit in 2008. The same day, Setanta lost all their SPL TV rights because they were unable to pay the £3m (€3.5m) owed to the league. Following this, it was announced that ESPN had bought the rights to show the 46 Premier League games bought by Setanta for the 2009/10 season.