Reuters, Monday, February 2, 2009 2:45 PM
The British company that supplies broadcasts of the English Premier League to Africa went bust on Friday, depriving African fans of EPL action at the weekend.
in global markets interrupted our ability to secure funding on an acceptable timescale and have left us no choice but to cease operations," Gateway Broadcast Services said in a statement on its
website. "We have tried every possible step to keep the company going but we are all the unfortunate victims of the current global economic crisis."
In the Kenyan capital Nairobi,
, manager of the Verandah Bar in the capital's Central Business District, said the loss of EPL games would seriously damage his business. He
called EPL coverage "a money minter. We sold out at weekends. Yesterday [Sunday] we were disappointed because the Chelsea versus Liverpool match would have sold out our stock as usual. It is a
disaster." GTV had the right to show the majority of Premier League matches in 22 countries in sub-Saharan Africa.
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