Tuesday 12 May 2020

#Saudi takeover of Newcastle jeopardised by legal documents: Report | Middle East Eye

Saudi takeover of Newcastle jeopardised by legal documents: Report | Middle East Eye:

New legal documents have been filed with the English Premier League (EPL) that raise fresh questions about the $368m takeover of Newcastle United Football Club by a Saudi Arabian sovereign wealth fund. 

EPL lawyers are understood to be examining information said to establish a clear link between the Saudi government and the pirate broadcast of Qatar's BeIN Sports' output, including Premier League games, on the BeoutQ platform, the Guardian newspaper reported on Monday.

BeIN Sports, a key broadcast partner of the EPL, accuses Saudi Arabia of masterminding the pirate broadcast of its output as part of a diplomatic dispute between Doha and Riyadh. Saudi Arabia denies the claims.

The new documents mean any decision to approve the takeover by Saudi Arabia’s public investment fund, Reuben Brothers and Amanda Staveley, a British businesswoman, which had been expected within days, is likely to be delayed.

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