• Email Us: [email protected]
  • Contact Us: +1 718 874 1545
  • Skip to main content
  • Skip to primary sidebar

Medical Market Report

  • Home
  • All Reports
  • About Us
  • Contact Us

Soccer-Premier League clubs demand emergency meeting over Newcastle takeover

October 9, 2021 by David Barret Leave a Comment

October 9, 2021

(Reuters) – Premier League clubs have reached out to the league with complaints about Newcastle United’s takeover by a Saudi Arabia-led consortium and are pushing for an emergency meeting next week, the Guardian newspaper https://ift.tt/3liN3Cg reported.

The Premier League announced on Thursday that Newcastle had been sold to a group consisting of Saudi Arabia’s Public Investment Fund, PCP Capital Partners and RB Sports & Media.

The investment group had previously made public a 305 million pound ($415 million) bid to buy the club in April 2020. That deal collapsed three months later amid scrutiny from the league, which came under pressure to stop the sale due to concerns over alleged broadcast piracy in Saudi Arabia.

The piracy dispute involved Qatari-owned beIN Sports, the league’s broadcast rights holder across the Middle East, which had been barred from operating in Saudi Arabia. That ban was lifted on Wednesday, clearing a major hurdle to the takeover.

The Guardian said the 19 Premier League clubs are understood to be united in opposition to a Saudi-led consortium being allowed to buy out former owner Mike Ashley.

The clubs have also raised concerns that the league’s brand “could be damaged” by Saudi Arabia’s PIF – chaired by Crown Prince Mohammed Bin Salman – taking an 80% stake in Newcastle, the report added.

On Thursday, Amnesty International urged the Premier League to change its owners’ and directors’ test to address human rights issues.

Human rights groups have condemned Saudi Arabia’s efforts to “sportswash” its human rights record but the kingdom’s government denies allegations of human rights abuses and says it is protecting national security from extremists and external actors.

($1 = 0.7347 pounds)

(Reporting by Manasi Pathak in Bengaluru; Editing by Lincoln Feast.)

Source Link Soccer-Premier League clubs demand emergency meeting over Newcastle takeover

David Barret
David Barret

Related posts:

  1. Athletics-Tamberi hopes to finish season on a high in Zurich
  2. Alleged victim of Madrid homophobic attack says injuries were consensual – Interior Ministry
  3. JPMorgan Chase acquires college financial planning platform Frank
  4. Wall Street tumbles as rising Treasury yields sink Big Tech

Filed Under: News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

  • Alien Abduction Or A Trick Of The Mind? A Down To Earth Explanation Of Close Encounters
  • Six Months Into Trump’s Presidency, Americans Report Record Low Pride In Being American
  • TikToker Unknowingly Handles Extremely Venomous Cone Snail And Lives To Tell The Tale
  • Scientists Sequence Oldest Egyptian DNA To Date, From A Whopping 4,800 Years Ago
  • “Uncharted Waters”: Large Hadron Collider Begins Colliding Oxygen For The First Time
  • 125,000-Year-Old Neanderthal “Fat Factory” Shows They Gorged On Bone Grease
  • On July 3, Earth Will Reach Its Farthest Point From The Sun – 152 Million Kilometers Away
  • NASA’s Perseverance Rover May Have Recorded Evidence Of Electrified Dust Devils On Mars
  • “Hymn to Babylon”: Missing Mesopotamian Text Dating Back Nearly 3,000 Years Discovered
  • Multiple New Species Of Cute Spotty And Stripy Geckos Discovered In Remote Cambodia
  • ChatGPT May Be Surprisingly Good At Piloting Spacecraft, Taking 2nd Place In Spaceflight Competition
  • Incredible Supernova Finding Shows That “Double-Detonation Mechanism” Happens In Nature
  • Soda Cans, Asthma Inhalers, And… Water Bottles? All Things That Could Explode In Your Car This Summer
  • Video: Is There An Ideal Sleeping Position?
  • If You Look Up At The Right Time Today, You Will See A Giant “X” On The Moon
  • We May Have Our Third Interstellar Visitor And It’s Nothing Like The Previous Two
  • Orcas Filmed Kissing (With Tongues) In The Wild For The First Time
  • How Easy Is It For A Country To Change Its Time Zone?
  • Earth’s First Commercial Space Station Set To Launch In 2026
  • Black Hole Moon: Rogue Planets With Weird Signatures Could Be A Sign Of Advanced Alien Life
  • Business
  • Health
  • News
  • Science
  • Technology
  • +1 718 874 1545
  • +91 78878 22626
  • [email protected]
Office Address
Prudour Pvt. Ltd. 420 Lexington Avenue Suite 300 New York City, NY 10170.

Powered by Prudour Network

Copyrights © 2025 · Medical Market Report. All Rights Reserved.

Go to mobile version