In the world of sport, the COVID-19 pandemic continues to be the central focus as the industry tries to find its feet in these times of great uncertainty. Separately, one news item has been generating some attention in recent days. Namely, the proposed takeover of Newcastle United.
Reportedly, the takeover is nearing completion. However, it seems there might yet be some issues to resolve. In particular, the chief executive of the Qatari-based broadcaster beIN Sports has written to the chairs of Premier League clubs to express his concerns about the prospective majority owners, whom he believes might be connected to the Saudi-Arabian broadcast pirate, beoutQ.
For a deeper understanding as to why beIN Sports have taken this step, you might wish to revisit our short article here on the subject of broadcast piracy in the Premier League.
Yousef al-Obaidly, the chief executive of beIN, has written to the chairmen of Premier League clubs saying “the potential acquirer of Newcastle United [has] caused huge damage to your club’s and the Premier League’s commercial revenues”