× Sports Football Rugby Olympics Volleyball and Handball Cricket Boxing Golf Hockey Tennis Gossip & Rumours World Cup 2018 Basketball Athletics Sports Premier League Eliud Kipchoge Women in Sports Unique Sports Opinion Motorsport Videos Podcasts E-Paper Lifestyle & Entertainment Nairobian Entertainment Eve Woman Travelog TV Stations KTN Home KTN News BTV KTN Farmers TV Radio Stations Radio Maisha Spice FM Vybez Radio Enterprise VAS E-Learning Digger Classified Jobs Games Crosswords Sudoku The Standard Group Corporate Contact Us Rate Card Vacancies DCX O.M Portal Corporate Email RMS
×
SPORTS

Premier League clubs demand emergency meeting over Newcastle takeover

FOOTBALL By Reuters | October 9th 2021
The Saudi Arabian-backed takeover of Newcastle United brings Mike Ashley's 14-year reign at St James' Park to an end [photo courtesy]

Premier League clubs have reached out to the league with complaints about Newcastle United's takeover by a Saudi Arabia-led consortium and are pushing for an emergency meeting next week, the Guardian newspaper reported.

The Premier League announced on Thursday that Newcastle had been sold to a group consisting of Saudi Arabia's Public Investment Fund, PCP Capital Partners and RB Sports & Media.

The investment group had previously made public a 305 million pound ($415 million) bid to buy the club in April 2020. That deal collapsed three months later amid scrutiny from the league, which came under pressure to stop the sale due to concerns over alleged broadcast piracy in Saudi Arabia.

The piracy dispute involved Qatari-owned beIN Sports, the league's broadcast rights holder across the Middle East, which had been barred from operating in Saudi Arabia. That ban was lifted on Wednesday, clearing a major hurdle to the takeover.

The Guardian said the 19 Premier League clubs are understood to be united in opposition to a Saudi-led consortium being allowed to buy out former owner Mike Ashley.

The clubs have also raised concerns that the league's brand "could be damaged" by Saudi Arabia's PIF - chaired by Crown Prince Mohammed Bin Salman - taking an 80% stake in Newcastle, the report added.

On Thursday, Amnesty International urged the Premier League to change its owners' and directors' test to address human rights issues.

Human rights groups have condemned Saudi Arabia's efforts to "sportswash" its human rights record but the kingdom's government denies allegations of human rights abuses and says it is protecting national security from extremists and external actors.

Share this story
Simbas head coach Odera names squad for South Africa Championships
The Simbas Head Coach Paul Odera has named a squad of 40 players who will take part in next month's fixtures of the South African Championships.
Cheruiyot floors London Marathon pacesetter Ng'eno
Elijah Cheruiyot shocked London Marathon pacesetter Ben Ng’eno to win the Eldama Ravine Half Marathon as Sharon Chelimo bagged the women’s title in Ba
.
RECOMMENDED NEWS
Feedback