Premier League clubs have suggested that Newcastle’s potential takeover by Saudi owners be blocked over TV rights row. The takeover worth £300m is being funded by Saudi’s Public Investment Fund and controlled by Crown Prince Mohamed bin Salman.
However, clubs have questioned if the potential new owners can pass the owners and directors test. This is due to piracy accusations that have been aimed at Saudi Arabia for the illegal streaming of Premier League games.
Therefore, they’ve urged every Premier League club and chief executive Richard Masters, asking them to conduct a full interrogation of the takeover according to a report by The Sun. Top-flight owners are reportedly worried about the financial impact if beIN decides to cut payments if the issue is not resolved.
beIN chief Yousef Al-Obaidly informed clubs that his request was “purely based on the Saudi Arabia government’s role in the past and continuing theft of the commercial interests of your club, the Premier League, all its broadcast partners and football in general”.
It could be recalled that League Rule FI states that: “a person shall be disqualified from acting as a director and no club shall be permitted to have any person acting as a director”
Including “engaged in conduct outside the United Kingdom that would constitute an offense had such conduct taken place in the UK”.
An instance could be “Dishonestly receiving a programme broadcast from within the UK with intent to avoid payment.”