SportsReport: Newcastle takeover given major boost as beoutQ news emerges
The proposed takeover of Newcastle United has been majorly boosted as a report from Bloomberg stated that the sports cafes in the Kingdom of Saudi Arabia (KSA) have gone back to broadcasting the Qatari channel beIN Sports following the findings from the recent report from the World Trade Organisation (WTO).
Following accusations from Qatar, the pirate satellite TV channel beoutQ, which was responsible for the illegal broadcast and streaming of games from the Premier League, was ruled to be operated in Saudi Arabia by the WTO body.
As per Bloomberg, beoutQ boxes are no longer widely available to be purchased, and some people from the Kingdom said that they no longer worked as some may have tried to stream the matches between Aston Villa and Sheffield United and Manchester City versus Arsenal upon the return of the English top flight.
This news could have provided a major boost to the prospective takeover of the Tyneside club because of KSA’s involvements in the £300 million deal with Mike Ashley.
Saudi Arabian crown prince Mohammed bin Salman (MBS) and his Public Investment Fund (PIF) are part of the buying side to try ans steer through the bid, and any potential involvement between them and beoutQ may have just been eradicated if the television station is no longer available.
There were possible fears that if they were found to be associated or supportive of the channel, then it could seriously jeopardise any hopes of the Premier League approving of the takeover, but whilst it does not clear everything up, the news could well help the case of the buying side.
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