Lex Gold, Executive Chairman of the SPL said: "Ten years ago we spoke about delivering a brighter future for Scottish football. Today, as we look ahead to our next ten years we can do so with confidence.
"An investment on this scale, £125 million, marks the biggest ever TV deal in Scottish football history. No commercial deal comes close to matching what has been achieved today by the SPL and Setanta Sports for our game.
"This is a step change for our clubs and will allow them to re-invest to make the Scottish game even stronger.
"We have moved forward with Setanta Sports over the past four years. We look forward to working with them to continue building and developing our league."
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