How and why the Newcastle United takeover failed

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How and why the Newcastle United takeover failed
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The proposed deal for Newcastle fell through after the Saudi-backed investment group withdrew their bid on Thursday

There is a cold war unfolding in the Gulf, with the Saudi’s leading a coalition of nations that have enforced an embargo on Qatar. The Premier League’s television rights holder in the region, beIn Sport, is based in Doha and the Qatari company’s broadcasts have been hijacked and rebroadcasted by beOutQ. The source of the piracy is Saudi Arabia and although the Kingdom denies any involvement, it is highly unlikely this could have occurred without the regime’s knowledge.

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