According to The Guardian, new legal documents linking Saudi Arabia with BeoutQ could derail Public Investment Fund’s £300 million bid to own Newcastle United. BeIN Sports have accused the Saudi-based television broadcaster of illegally broadcasting live Premier League matches to subscribers, costing them millions in the process, and that could see the PIF fail the owners’ and directors’ test, which states that digital piracy is prohibited. Potential parties looking to buy English top-flight clubs must not provide false, misleading or inaccurate information according to the test, and having denied any link to the BeoutQ piracy, the Saudi consortium could miss out on buying Newcastle if Premier League lawyers are able to prove that the kingdom indeed owns the TV.
The Premier League responds to Saudi Arabia’s piracy accusation as it threatens to derail Newcastle United takeover
