Ownership
As of 27 July 2009, the ownership structure of Setanta Sports Channel Ireland Limited (previously Setanta Sports Ireland Ltd) has changed. Setanta Sports Channel Ireland Limited is now co-owned by Gaiety Investments (60% share) with the remaining 40% share made up by Danu Partners Limited. The main shareholders in Danu are Michael O'Rourke, Leonard Ryan, and Mark O'Meara. Danu purchased 100% of the shares in Setanta Sports North America Limited which was disposed of in early 2010. Setanta Sports Channel Ireland Limited is licenced by the Broadcasting Commission of Ireland.
The Setanta business in Ireland has proved to be quite a scalable business and has managed to survive and thrive despite the difficulties in Setanta UK. Colin Morgan, formerly CEO of Quinn Direct Insurance, joined the Setanta Ireland business in October 2010.
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