Why The Newcastle Takeover Got The Green Light Now

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The Saudi-led consortium pulled out of the deal in July 2020 when the Premier League named the Saudi state as a director with influence over the club, making it subject to the league’s owners’ and directors’ test throughout the takeover process.

The Saudi government, on the other hand, eliminated a major roadblock to the takeover when it settled its dispute with beIN Sports over unlawful Premier League football streaming on Wednesday.

Due to a diplomatic dispute, the Qatari network beIN has been unable to broadcast in Saudi Arabia for the past four and a half years, but the embargo is expected to end soon.

The station had fought the Newcastle takeover, claiming that the content ban and piracy were harming sports rights holders.

source : skysport

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