The Scottish Premier League have plugged the huge financial gap left by Setanta's demise by securing a new deal with Sky and ESPN.

The SPL have agreed a £65m five-year deal but have also included an opt out clause in the new agreement.

The broadcasters will have the rights to screen 60 matches across the season and chairman Lex Gold is thrilled that they have managed to find a replacement so soon.

"We are really pleased that in just over three weeks we have been able to strike this deal," said Gold.

"ESPN and Sky are two of the biggest names in sports broadcasting and they will bring first-class production standards and a wide audience to the table.

"We are looking forward to working with both in the coming years to raise the profile of the SPL."