The English newspaper “Daily Mail” revealed that the Kingdom of Saudi Arabia is preparing to compete to purchase the rights to broadcast the English Premier League, coinciding with the approach of the Saudi Investment Fund to buy Newcastle United.
And she was Network beIN Sports Qatar Airways tried to spoil the Newcastle ownership transfer to Saudi Arabia And she tried to turn the English Premier League on the £ 300m deal.
The English newspaper quoted a source with Saudi links as saying that the decision beIN By exerting pressure on the League, driven by fear of losing their broadcast deal, which cost Qatar Airways 500 million pounds in its last three-year contract ending in 2022.
The newspaper said: “The English Premier League and Champions League possess a huge fan base in Saudi Arabia, and at the same time, both competitions are an untapped market in terms of commercial profit because there is no Saudi carrier for the two championships.”
“If the acquisition of Newcastle passes as expected, Saudi Arabia will begin preparing to purchase the English Premier League broadcast rights. Especially since it is an open bidding process that will be launched next year to purchase broadcasting rights starting from 2023 and the Kingdom has the financial strength to overtake Qatar,” added the Daily Mail..“
And she continued: “The deal will be profitable for the English league as well, not just for Saudi Arabia, as competition officials will find claims from current rights holders to reduce the price after the Corona virus, and Saudi Arabia will be the perfect opportunity to make up for a large portion of this shortfall. “