Liam Kennedy has shared a quite shocking revelation involving the proposed £300m takeover of Newcastle United by the Kingdom of Saudi Arabia (KSA) group.
Writing in his latest piece for The Shields Gazette, the football journalist has revealed the full details of a letter from the chief executive of the beIN Media Group that was first reported in April of last year.
Are the Premier League to blame for the Newcastle takeover collapse?
Within the letter, Yousef Al-Obaidly strongly suggested to the Premier League to fully interrogate the deal between Mike Ashley and the KSA consortium, due to the ongoing piracy issues within the Gulf country.
The beIN CEO cited beoutQ as a channel from the Kingdom that was responsible for the illegal streaming of games from the top flight – beIN hold the sole rights to show these matches legally in the Gulf region.
He also claimed that the Saudi government fully backed the operation of the service and thus urged for the interrogation of the Owners’ and Directors’ Test (ODT) set out by England’s highest division as to determine whether the KSA’s Public Investment Fund (PIF) were a separate entity from the Saudi state.
What next for the Newcastle takeover?
The contents of the letter are quite shocking considering that, as per the Gazette, any form of pressure applied to the EPL in terms of their ODT would be against protocol – it is supposed to be a completely uninfluenced decision.
Nonetheless, the prospective bid to buy the Tyneside club is far from over yet, and recent settlement between the Kingdom and Qatar may help toward pushing it forward.
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