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Saudi Arabia To Battle For Premier League TV Rights If Newcastle Takeover Goes Through

Saudi Arabia is likely to bid for the Premier League TV rights next year if their £300 million Newcastle United takeover goes through to tap the Saudi market.

Saudi Arabia

Saudi Arabia is expected to battle for Premier League TV rights if their £300 million Newcastle takeover goes through. Saudi Arabia's Public Investment Fund, controlled by Crown Prince Mohamed bin Salman is in talks with Mike Ashley and is exploring a Newcastle takeover. The consortium, however, has come under intense scrutiny, led by beIN Sports, who hold the Premier League TV rights for the Middle East and North Africa. 

Also Read: Premier League TV rights owner Rallies Against £300m Newcastle Takeover

Newcastle Saudi deal: Saudi Arabia to bid for Premier League TV rights if Newcastle takeover goes through

Saudi Arabia's Public Investment Fund-led Newcastle takeover has been opposed, namely by human rights group Amnesty International, but is still presumed to go through. BeIN Sports have urged Premier League chief executive Richard Masters to block the £300m Newcastle Saudi deal accusing the Gulf country of piracy. Former Sky Sports presenter and beIN host Richard Keys has been vociferous in his push against the takeover and has mentioned Saudi-owned pirate operator beoutQ stealing intellectual broadcasting rights of beIN Sports in MENA (the Middle East North Africa) as one of the reasons why the deal shouldn't go through. Saudi Arabia has hit back at the criticism, suggesting beIN Sports are motivated by the fear that they will lose their Premier League TV rights contract in 2022.

Also Read: Premier League Caught In Geopolitical Storm Amid £300m Newcastle Saudi deal: Report

Newcastle Saudi deal: Newcastle United takeover could help tap the Saudi Arabia market 

Speaking to Daily Mail, a source said that the Saudi Arabia-Qatar issue is a political one and is motivated by money and status. He added that beIN would be worried about Saudi Arabia's arrival with their protracted Newcastle takeover which will in turn help tap the market in Saudi Arabia, which is huge for the Premier League and the Champions League. The source further said that Saudi Arabia is likely to bid for Premier League TV rights, with the open tender process due to start next year and the country has the financial strength to outbid Qatar. The Premier League TV rights for MENA is currently in possession of beIN Sports, who acquired it for a reported £500 million for three years, the last of which is 2022.

Also Read: Newcastle United Receive Rival £350m Takeover Bid From American TV Chief Henry Mauriss

Also Read: Premier League Lawyers Investigating Piracy Concerns In £300m Newcastle United Takeover

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