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Saudi Arabia to move for Premier League TV rights to ensure Newcastle takeover

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www.mirror.co.uk

Saudi Arabia plans to bid for the Premier League TV rights and neutralise the concerns over broadcast piracy that has delayed their bid to buy Newcastle United.

The nation’s Public Investment Fund is set to take an 80 percent stake in the Tyneside club as part of a £300million takeover.

But they are facing opposition because the World Trade Organisation has ruled the state is linked to the illegal streaming of sporting events including the Premier League.

The Saudis still believe their takeover is on track and close to being given the green light by the Premier League who are running their fit and proper person test on the potential new owners.

Read more on mirror.co.uk
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