Richard Keys Launches New Protest in Saudi Arabia-backed Takeover Bid for Newcastle



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Richard Keys has launched a new complaint regarding the Newcastle acquisition, claiming that the Premier League faces a “massive problem” if they allow the Mohammed Bin Salman consortium offer to pass.

The Crown Prince of Saudi Arabia is leading the group of investors hoping to acquire Newcastle from current owner Mike Ashley for £ 300 million in the coming weeks.

The offer has come under close scrutiny, given Saudi Arabia’s appalling human rights record, as well as Keys’ allegations of piracy.

Keys accused the Saudi government of supporting illegal transmission of content taken from its employers beIN Sports, and warns that Premier League bosses may now face a similar problem.

Keys has been openly critical of the Newcastle acquisition situation
Keys has been openly critical of the Newcastle acquisition situation

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Writing on his Keys’ own personal blog said: “For four years, the Saudi government has supported the theft of intellectual property owned by beIN Media Group. It has cost the company I work for millions, probably billions. It also cost 400 of my colleagues their jobs.

“The PL knows very well the extent of what has been happening because they have been at the forefront of trying to sue for their losses. Nine times they tried to take legal action in Saudi Arabia. Nine times the companies they wanted to use were closed down.”

The Premier League will make a decision this week on whether to allow the takeover bid to be made.

The Saudi Arabian Public Investment Fund seeking to buy Newcastle is separate from the Saudi government, but Keys rejected the suggestion that they are not linked as “nonsense.”

He also called on the UK government to protect the interests of the Premier League, which brings billions to the country each year.

Keys added: “If the broadcast rights can be stolen without consequences, then they are worthless. If the PL believes it has a short-term problem due to the Coronavirus, it has not seen anything yet.”

Mirror Sport revealed that Newcastle has an interest in another potential buyer, US media mogul Henry Mauriss, who has rivaled the club’s Saudi offer.

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But owner Ashley is desperate to sell her stake in Newcastle, and is unlikely to back out of a deal with the Saudis when it is so close to completion.

Keys added: “Mike Ashley has a lot to answer for if the deal goes through, and if half a dozen Sports Direct outlets open in Riyadh in the coming weeks, we’ll all know what it was really about.”

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