NEW YORK - Setanta will stop broadcasting in the United States and Caribbean on Feb. 28 and turn over many of its rights for soccer and rugby events to Fox, which launches its second all-soccer U.S. network the following day.

Setanta said in a statement Wednesday that it will continue broadcasting in Australia, Canada and Ireland.

Setanta's British division filed for bankruptcy protection last summer and all of its channels went off the air in Britain, where it failed to make payments for Premier League rights. ESPN, part of The Walt Disney Co., took over Setanta's Premier League packages in Britain.

Fox Soccer Channel, a division of Rupert Murdoch's News Corp., announced Jan. 12 that it is launching Fox Soccer Plus on March 1.