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Norgrove predicts Conference Setanta crisis
8:00am Friday 26th June 2009 in News
HARRIERS chairman Barry Norgrove believes that Irish broadcaster Setanta Sport's collapse into administration is set to have a detrimental effect on Football Conference clubs.
The television channel finally lurched into administration after failing to find the financial backing it needed to pay the Premier League £30 million.
Clubs in the Blue Square Premier are set to take a financial hit because the broadcaster contributed towards the three payments from the Conference.
The chairman believes that Harriers could lose between £70,000 and £90,000.
Many teams have also budgeted for televised matches, although Harriers' chairman has confirmed that the Aggborough club have not done so.
Club received an £8,000 for the first televised home game, with matches at home after that rising to £13,000.
"With Setanta going into administration it's going to be very difficult for a lot of clubs in our league because the finances won't be there to pay the budget," commented the chairman.
"A lot of chairman are talking about how they really needed the Setanta money because they had factored the television money into their budgets.
"What we didn't know until the league meeting was that was the payments we get from the Conference our tied up with Setanta. It will hit us but, we don't know how much.
"We haven't budgeted for the television appearances because we didn't know how we were going to get."
With finances tight at Harriers, the chairman has not given up hope of adding two more board members, who would both invest £50,000 each into Harriers.
"Everybody's just coming off holiday this weekend so we'll get back down to business," added the chairman.