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Saudi Arabia Offer An Olive Branch To Premier League


Simon Bird and Steve Bates are reporting in the Mirror today that Saudi Arabia will make an attempt to get the Premier League TV rights once they become available in 2022.

That should help to clean up the mess caused by Saudi station beoutQ allegedly pirating the Premier League games from beIn Sports in Qatar.

But this is not new news and has been reported before that the Saudis are willing to bid for the TV broadcast rights for the Middle East and North Africa.

The World Trade Organisation (WTO) has recently ruled that the Saudi Arabia government are linked to the illegal streaming of the Premier League games and other sporting events.

That could cause some problems with the government’s Public Investment Fund (PIF) funding 80% of the takeover deal of £300M for Newcastle United.

But we keep being told the buyers are confident the deal will still go through and that no red flags have been raised by the Premier League.

We hope they are right about that.

The current Premier League TV deal for the Middle East and North Africa has two years left to run, and negotiations for the next three-year deal will begin next year.

The current three-year deal was won by beIN Sports’ and is for £500M, and that’s almost certain to go up with Saudi Arabia being in the bidding.

That’s presumably what the Premier League want: higher fees for broadcasting the games around the world.

The broadcast fee will rise significantly because Saudi Arabia will be bidding against their geopolitical rivals Qatar – their neighbors, and there’s certainly no love lost between the two countries.

If Saudi Arabia do win the deal, we wonder what will happen to Richard Keys.

Just a thought.

And no – he will not become a director on Newcastle’s board.

🙂

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Comments welcome.


16 comments so far

  • geordietom

    May 28, 2020 at 10:25 AM

    Comment #1

    Keys has sent his CV to sunderland …

    6
  • DaveD1000

    May 28, 2020 at 10:25 AM

    Comment #2

    or they could just bid the price up to double and say go on then beIN you win take it

    4
  • lochinvar

    May 28, 2020 at 10:26 AM

    Comment #3

    Richard Keys will just be a “has bein”

    28
  • ShirebrookToon

    May 28, 2020 at 10:28 AM

    Comment #4

    Hairy hands will beIN the dole que

    16
  • Gothmog's Pyjamas

    May 28, 2020 at 10:30 AM

    Comment #5

    so if the takeover goes ahead, theres no legal way for anyone in Saudi Arabia to watch Newcastle matches for the next 2 seasons?

    i hope MBS had a BeoutQ box

    3
  • Kevin Vegan

    May 28, 2020 at 10:32 AM

    Comment #6

    This sort of investment would be a smart move by the Saudis with the price of oil in such rapid decline. Building a broader investment portfolio makes a lot of sense in a time of global crisis. Saudi has traditionally depended on mineral wealth to support its economy, but with oil prices dropping all the time my guess is they are looking at investments in sports/entertainment as a fall-back.

    Most investors with large funds aim to build broad portfolios. This means investing in minerals (gold, oil, etc) but also in areas like medicine, tech, property, media and infrastructure. Most will also aim to spread those investments in different markets to offer more stability. Assuming sport has recovered by 2022 and the oil price drop hasn’t hit the Saudis too hard, It would be a sensible investment.

    Just a shame it won’t happen until 2022 so won’t help our cause where a takeover is concerned.

    2
  • giimps

    May 28, 2020 at 10:36 AM

    Comment #7

    IMHO oil prices will rise with demand as the world comes out of its covid slumber

    10
  • lesh

    May 28, 2020 at 10:36 AM

    Comment #8

    Geordietom

    And after.much consideration, Sunllun’s binned Keys’ CV.

    4
  • geordietom

    May 28, 2020 at 10:38 AM

    Comment #9

    lesh …

    thought they would accept it seeing how he hate’s us ..

    1
  • Kevin Vegan

    May 28, 2020 at 10:44 AM

    Comment #10

    giimps

    Oil prices will certainly rise again once the supply/demand equation rebalances. The main reason for the crash is that supply remainded high when demand slowed, so now suppliers have a massive excess and are desperate to unload as storage of large quantities is problematic. Once demand creeps back up, so will the price. The only real questions are when, and by how much?

    0
  • Moonraker15

    May 28, 2020 at 10:47 AM

    Comment #11

    My mate’s an Ipswich Town fan and he reckons Ashley’s gonna buy them when he’s out of toon! He would get them back in the Championship as he will put some money in!

    3
  • Kevin Vegan

    May 28, 2020 at 10:51 AM

    Comment #12

    Moonraker

    Ashley will be putting money IN? I’m guessing your mate hasn’t been following Ashley’s tenure at NUFC…

    7
  • the crown princes nashers

    May 28, 2020 at 11:02 AM

    Comment #13

    kevin vegan

    you forgot to mention russia and saudis price war in that oil prices, also saudis tourism which will go up even higher then what it is now, I see there building another 5 cities as well, changing some rules which will help it

    0
  • Kevin Vegan

    May 28, 2020 at 11:12 AM

    Comment #14

    Crown Princes Nashers,

    Absolutely right, it was a price war (which was sparked by falling demand) that ultimately crashed the price of oil.

    Is tourism really set to increase anywhere globally though? I would’ve expected covid and lockdown to impact very heavily and very negatively on global tourism as most people are losing money rapidly.

    0
  • Big Archie

    May 28, 2020 at 12:51 PM

    Comment #15

    Not really sure how that “should help to clean up the mess caused by Saudi station beoutQ allegedly pirating the Premier League games”

    They still did it, are still doing it, and lied about it.

    So when the burglar breaks into your hose and steals your TV and comes back the next day to buy your fridge – does that make it OK?

    1
  • Geordie-john

    May 29, 2020 at 8:12 AM

    Comment #16

    It’s about time that we ( THE FANS ) had some sort of official statement, including a shortlist of the future manger.

    0


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