GOL TV maybe short lived.

[EL MONO MARIO]

MONTEVIDEO, Uruguay (Supergol.com).- Las empresas de televisión que poseen los ex futbolistas Enzo Francescoli, Nelson Gutiérrez, ambos ex River Plate, y el empresario Francisco 'Paco' Casal, todos uruguayos, atraviesan graves problemas financieros y económicos, informó la prensa oriental.

El diario La República afirma que Casal reunió la semana pasada en forma urgente en Miami a Francescoli y Gutiérrez para analizar cambios profundos como último intento para salvar a sus empresas Gol TV, Tenfield SA y VTV.

La prensa asegura que "malos negocios" realizados en Montevideo y Miami han motivado la preocupación de Casal, ya que las inversiones realizadas en las empresas vinculadas a la televisión generaron pérdidas millonarias.

Tenfield tiene los derechos para la transmisión del fútbol uruguayo y el canal VTV es una emisora que transmite fútbol, básquetbol, ciclismo y últimamente espectáculos de Carnaval.

Gol TV es una subsidiaria de Tenfield con sede en Miami dedicada a la programación exclusivamente de fútbol, que transmite las 24 horas, los siete días de la semana, y se distribuye en todo el territorio estadounidense.

Casal reconoció en su círculo más inmediato que la puesta en escena del proyecto de VTV le genera pérdidas mensuales superiores a los 50.000 dólares, una cifra que puede ascender.


Bottom line Paco Casal, a crook of an agent in Uruguay and former soccer greats Enzo Francescoli and Nelson Gutiérrez's company GOL TV is suffering major losses. up to 50,000 per month. Paco owns Tenefield in URUGUAY and him and Uruguayaian great ENZO FRANCESCOLI created GOL TV for the USA. A meeting was held in Miami on ways to save the network... ALL looks dim for GOL TV.

[DrGuinness]

Translated:

MONTEVIDEO, Uruguay (Supergol.com). - The television companies that have the ex- soccer players Enzo Francescoli, Nelson Gutiérrez, both ex- River Plate, and the industralist Francisco ' Pacó Country place, all Uruguayan, crosses serious financial problems and economic, the Eastern press informed. The newspaper the Republic affirms that Country place reunited the week last in urgent form in Miami to Francescoli and Gutiérrez to analyze deep changes like last attempt to save to its companies Gol TV, Tenfield SA and VTV. The press assures that "bad businesses" made in Montevideo and Miami have motivated the preoccupation of Country place, since the investments made in the tie companies to the television generated losses millionaire. Tenfield has the right for the transmission of Uruguayan soccer and channel VTV is a transmitter that transmits soccer, básquetbol, cycling and lately spectacles of Carnival. Goal TV is a subsidiary of Tenfield with seat in Miami dedicated to the programming exclusively of soccer, that transmits the 24 hours, the seven days of the week, and it is distributed in all the American territory. Country place recognized in its circle immediate than the putting in scene of the VTV project generates monthly losses to him superior to the 50,000 dollars, a number that can ascend.

[OldFanatic]

Do you have a link for this news? I can't find anything like this when I go to supergol.com.

[Aguinaga10]

Don't put too much stock in what the Uruguayan newspaper reports. The article came out in a leftist newspaper written by a reporter who utterly despises Casal and a cast of others associated with the channel.

The article also stated that VtV had layed off 40 employees in Uruguay which would definitely raise concern seeing the amount of people that were let go in one swoop. What the article failed to mention that from the 40 that were layed off, 30 of them were students or temporary employees that were just there to work during the summer season.

From what I've been seeing, with the new advertising that GolTV has been bringing in, plus the new shows and their signing with DirecTV, GolTV seems to be doing allright for now.

But when someone gets their information from a secondary sight like supergol.com, or futbolred.com (and all they do is paraphrase an article, most of these websites are not run by journalists), then you only end up getting a certain version of the story.

[OldFanatic]

I sure hope GolTV does very well, in fact even increases its footprint and coverage in the future. I really hope it doesn't meet the fate of PSN.

[ddavenport]

^ What he said.

[OldFanatic]

Do you have a link for this news? I can't find anything like this when I go to supergol.com.

OK, I found a link myself to somebody's BLOG about this. It's worded somewhat differently than the supergol.com article above. But as Aguinaga10 said above, there maybe some hidden motive behind this reporting.

http://parquerodo.weblogs.com.uy/archivos/001821.html

As long as we keep getting our La Liga and Serie A fix with same quality (and maybe even addion of some other quality coverage), let the reporters write whatever they want to write.

[soccer365-old]

The fact that GOLTV reached an agreement with Direct TV is encouraging. However for their long term prospects they are going to have to be available on every cable outlet to survive.