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Page last updated at 18:29 GMT, Friday, 30 January 2009

GTV goes into liquidation

Salomon Kalou in action for Chelsea
Fans across Africa will be missing out on coverage of the Premier League

A company which broadcasts English Premier League football to tens of thousands of subscribers across Africa has gone into liquidation.

Gateway Broadcast Services supplied programmes under the GTV banner to countries from Kenya to Botswana.

As well as the Premier League, GTV backed several domestic leagues, including Ghana, Tanzania and Uganda.

The company blamed "the current financial and global crisis" for the move.

This had "severely interrupted the company's abilities to secure further funding", it said in a statement.

Television services have been stopped - with subscribers receiving a short message telling them the channel is off the air.

The company said it had invested $200 million in the business but that "the economic crisis...has caused excessive demands on the business."

Several African football federations and leagues will feel the effects of this sudden move.

The Uganda FA (FUFA) had a five-year contract worth $500,000 a year.

GTV were the sponsors of the East and Central African tournament, the CECAFA Cup.

They also sponsored the domestic leagues in Ghana, Tanzania and Uganda.

Fans who watch the English Premier League on GTV will have to find another source of information.

"We realise the negative impact this has had on our loyal customers, creditors and staff," GTV said.

"We have tried every possible step to keep the company going but we are all unfortunate victims of the current global economic crisis."

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see also
TV tussle gets tough in Africa
21 Nov 07 |  African
Sponsorship boost for Cecafa
06 Nov 07 |  African
Kenya league signs TV deal
26 Nov 07 |  African
Ugandan League could be delayed
30 Oct 07 |  African
Uganda clinch record sponsorship
03 Aug 07 |  African


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