EPL Clubs Call For An Emergency Meeting Over Newcastle Take Over

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According to the Guardian, Premier League clubs have protested to the league over Newcastle United's acquisition by a Saudi Arabia-led consortium, and an emergency meeting has been called for next week.

According to the Premier League, Newcastle United was sold to a group comprised of Saudi Arabia's Public Investment Fund, PCP Capital Partners, and RB Sports & Media.

The investment group presented a 305 million pound ($415 million) proposal to buy the club in April 2020. Three months later, the deal fell through owing to the league's efforts to block the sale due to concerns over suspected broadcast piracy in Saudi Arabia.

The league's Middle East broadcast rights holder, Qatari-owned beIN Sports, was involved in the infringement dispute and was later barred from doing business in Saudi Arabia. The ban was lifted on Wednesday, removing a key impediment to the takeover.

According to the Guardian, the Premier League's 19 teams are considered to be unified in their opposition to a Saudi-led consortium being allowed to buy out former owner Mike Ashley.

According to the source, the clubs are also afraid that Saudi Arabia's PIF, led by Crown Prince Mohammed Bin Salman, purchasing an 80 percent stake in Newcastle will "hurt" the league's brand.

Human rights groups have condemned Saudi Arabia's efforts to "sportswash" its human rights record, while the kingdom's leadership denies any abuses and claims to be protecting national security from extremists and other actors.

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