• 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

  • Why Are People Talking About This “Square Structure” Captured On Mars?
  • The World Has Five Oceans, Not Four – Discover The Latest One
  • Just 80 Percent Of People Can Perceive This Optical Illusion And No One Knows Why
  • Something Other Than Geological Processes Or Humans Created These Caves
  • Can Black Holes Lead To Other Places In The Universe?
  • The Devastating Communication Problem Facing Light-Speed Travel
  • The Great British Pet Massacre: One Of The Saddest Tragedies Of 1939
  • Would A Vacuum-Filled Balloon Float?
  • Queen Ant Produces Babies Of 2 Different Species, For The First Time Ever We Have A Complete Map Of Brain Activity, And Much More This Week
  • Yes, Your Attention Span Might Have Shortened, But That Might Not Be A Terrible Thing
  • This May Be The First Known Portrait Of A Viking – And It’s A Sexually Rampant “Beard Fondler”
  • The Largest Snake In Captivity Is A Humongous 7.7-Meter Reticulated Python Called Medusa
  • Poo Power: How Animal Dung Could Unlock New Antibiotic Treatments
  • Perfectly Preserved Dinosaur Tail Found Inside 99-Million-Year-Old Amber Was Mistaken For A Plant
  • Why Aren’t Full Photos Of The Milky Way Real? A NASA Analyst Explains The Obvious
  • Freaky Ratfish Have Teeth Growing Out Of Their Foreheads, And They Use Them For Love
  • The Largest Turtle Ever Known To Have Lived Was An Absolute Unit
  • “It Literally Leapt Out Of The Rock At Us”: How Violent Storms Led To The Extraordinary Preservation Of Baby Pterosaurs
  • This Is The Reason Why Earth’s Core Exists, And It’s More Interesting Than You Might Think
  • Over 11 Million Years Of Evolution, Eyeless Cavefish Developed Blindness Independently Many Times
  • 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