2021 Takeover Of Newcastle United
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2021 Takeover Of Newcastle United
The 2021 takeover of Newcastle United F.C. by a consortium consisting of PCP Capital Partners, Reuben Brothers and the Public Investment Fund of Saudi Arabia (PIF) was a takeover proceeding that commenced in April 2020 and was successfully concluded in October 2021. The takeover process gained notoriety for a variety of reasons. These include allegations of improper conduct against the Premier League through the purported deliberate misapplication of its Owners' and Directors' test to block the deal, following undue influence from beIN Sports and rival clubs to Newcastle United. It also triggered wider debates about piracy within the context of the Saudi Arabia – Qatar international dispute and of the role sportswashing has in international sport. Despite interventions from the likes of Boris Johnson (Prime Minister of the United Kingdom) and the governments of Saudi Arabia (KSA) and Qatar, the takeover process lasted for 18 months following early predictions that it would b ...
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Public Investment Fund (Saudi Arabia) Logo
The Public Investment Fund (PIF; ar, links=no, صندوق الإستثمارات العامة) is the sovereign wealth fund of Saudi Arabia. It is among the largest sovereign wealth funds in the world with total estimated assets of billion ( billion). It was created in 1971 for the purpose of investing funds on behalf of the Government of Saudi Arabia. The wealth fund is controlled by Crown Prince Mohammed bin Salman, Saudi Arabia's ''de facto'' ruler since 2015. More than 60% of the fund's activities are within Saudi Arabia. Within Saudi Arabia, the fund's investments primarily go to private conglomerates owned by prominent Saudi business families who have close ties to the Saudi ruling family. Outside of Saudi Arabia, the fund's investments into prominent foreign assets such as Premier League football club Newcastle United have generated controversy due to the fund's lack of transparency and close control by the Saudi government. History The Saudi Arabian Public Investment ...
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Kevin Beeston
Kevin Stanley Beeston FCMA is chairman of Elysium Healthcare Limited, Senior Independent Director of Severn Trent plc, and a director of the Premier League The Premier League (legal name: The Football Association Premier League Limited) is the highest level of the men's English football league system. Contested by 20 clubs, it operates on a system of promotion and relegation with the English Foo .... Career He has also previously held non-executive positions with industry representative bodies such as the CBI, Chartered Management Institute and Business in the Community. Previously Beeston was chairman of Serco Group plc until 2010 following a 25-year career with Serco including the roles of chairman since 2002 and previously chief executive and finance director. Other previous roles include chairman of Tylor Wimpey plc, chairman of Equiniti Group plc, chairman of Domestic and General Limited, chairman of Partnerships in Care, a non-executive director of IMI plc and Mars ...
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Chief Executive
A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially an independent legal entity such as a company or nonprofit institution. CEOs find roles in a range of organizations, including public and private corporations, non-profit organizations and even some government organizations (notably state-owned enterprises). The CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the business, which may include maximizing the share price, market share, revenues or another element. In the non-profit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, usually provided by legislation. CEOs are also frequently assigned the role of main manager of the organization and the highest-ranking o ...
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Premier League–Football League Gulf
In English football, a gulf has arisen between the finances of clubs from the Premier League and English Football League since the First Division clubs broke away to form the Premier League in 1992. Some have argued that this disparity is wider than in other European leagues where the top flight is combined with at least one division below in a league, such as Germany's Bundesliga, Italy's Serie A and Spain's La Liga. However, England has five tiers of single national divisions, compared to only two in Spain and Italy and three in Germany. Finance Since the Premier League began at the start of the 1992–93 season, its member teams have received larger amounts of money in TV rights than their Football League colleagues. Prior to the formation of the Premier League, television revenues from top flight matches were shared between the 92 Football League clubs across four unified national professional divisions. The breakaway of 22 clubs to form the Premier League resulted in top fl ...
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European Super League
The European Super League (ESL), officially The Super League, was a proposed seasonal club football competition that initially would have been contested by twenty European football clubs, twelve of them being the competition's founding members. It was organised by the European Super League Company, S.L., a commercial enterprise created to rival the UEFA Champions League, Europe's premier club football tournament organised by UEFA. The announcement of the European Super League in April 2021 received wide opposition from fans, players, managers, politicians, and other clubs in England, which with six teams was the most represented country in the project. It also received opposition from UEFA, FIFA, and some national governments. Much of the criticism against the ESL was due to concerns about elitism and the lack of competitiveness within the competition, as it would have consisted of only high-ranking teams from a few European countries. Backlash against the announcement of the l ...
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Amnesty International
Amnesty International (also referred to as Amnesty or AI) is an international non-governmental organization focused on human rights, with its headquarters in the United Kingdom. The organization says it has more than ten million members and supporters around the world. The stated mission of the organization is to campaign for "a world in which every person enjoys all of the human rights enshrined in the Universal Declaration of Human Rights and other international human rights instruments." The organization has played a notable role on human rights issues due to its frequent citation in media and by world leaders. AI was founded in London in 1961 by the lawyer Peter Benenson. Its original focus was prisoners of conscience, with its remit widening in the 1970s, under the leadership of Seán MacBride and Martin Ennals to include miscarriages of justice and torture. In 1977, it was awarded the Nobel Peace Prize. In the 1980s, its secretary general was Thomas Hammarberg, succeeded ...
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Saudi Arabian Football Federation
The Saudi Arabian Football Federation (SAFF, ar, الاتحاد العربي السعودي لكرة القدم) is the football governing body of Saudi Arabia. Founded in 1956, its responsibilities include administration of club competitions and national teams. The founder of the Saudi Arabian Football Federation is Prince Abdullah bin Faisal Al-Saud History The Saudi Federation was formally established in 1956 and in the same year it joined the International Football Association and the Asian Football Confederation in 1974, to begin the process of organizing his local championships in addition to his external contributions during which he achieved many great achievements. The Saudi Football Federation organizes local football competitions, in addition to organizing the participation of Saudi national teams and clubs internationally, as it effectively supervises 153 clubs participating in football competitions. Premier, First, Second, and Third) - The Custodian of the Two Ho ...
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Saudi Authority For Intellectual Property
The Saudi Authority for Intellectual Property (SAIP) is an official government body in Saudi Arabia responsible for the protection and supporting the intellectual property Intellectual property (IP) is a category of property that includes intangible creations of the human intellect. There are many types of intellectual property, and some countries recognize more than others. The best-known types are patents, cop ... in the Kingdom. Directorates SAIP comprises three directorates to accomplish its tasks and objectives. These directorates are: * The Saudi Patent Office, which is in charge of issuing patents in industrial, commercial, and agricultural fields. * The Department Of Trademarks, which is responsible for the processing of trademarks applications including the registration and declaration of trademarks. * The General Administration of Copyrights, which is responsible for issuing and protecting the work produced in literature, art, and sciences field. Structure Th ...
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Chairman
The chairperson, also chairman, chairwoman or chair, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the group, presides over meetings of the group, and conducts the group's business in an orderly fashion. In some organizations, the chairperson is also known as ''president'' (or other title). In others, where a board appoints a president (or other title), the two terms are used for distinct positions. Also, the chairman term may be used in a neutral manner not directly implying the gender of the holder. Terminology Terms for the office and its holder include ''chair'', ''chairperson'', ''chairman'', ''chairwoman'', ''convenor'', ''facilitator'', '' moderator'', ''president'', and ''presiding officer''. The chairperson of a parliamentary chamber is often called the ''speaker''. ''Chair'' has been used to refer to a seat or office of authority ...
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Richard Keys
Richard Keys (born 23 April 1957) is an English sports presenter who has worked for BBC, ITV, Channel 4, Sky, Talksport, Al Jazeera, Fox Sports, ESPN Star Sports , BeIN Sports; and has presented many top-level football matches. Career His career started in London in 1976 when he began working for the Fleet Street Sports Agency Hayter's until 1978, when he moved to Liverpool and worked at Radio City as a football commentator. In 1982, he moved to Manchester to work at Piccadilly Radio as sports editor and football commentator. In 1984 Keys moved back to London, where he joined the ITV network as one of the main anchors of breakfast show TV-am. While working at TV-am he also commentated on football matches for ITV and cycling for Channel 4, including two Tours de France. Keys was one of the presenters for the Sports Channel on British Satellite Broadcasting (BSB) in spring 1990. When BSB merged with Sky in 1991, the channel was renamed Sky Sports. He presented TV-am for the ...
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Richard Keys Wiki
Richard is a male given name. It originates, via Old French, from Old Frankish and is a compound of the words descending from Proto-Germanic ''*rīk-'' 'ruler, leader, king' and ''*hardu-'' 'strong, brave, hardy', and it therefore means 'strong in rule'. Nicknames include "Richie", "Dick", "Dickon", " Dickie", "Rich", "Rick", "Rico", "Ricky", and more. Richard is a common English, German and French male name. It's also used in many more languages, particularly Germanic, such as Norwegian, Danish, Swedish, Icelandic, and Dutch, as well as other languages including Irish, Scottish, Welsh and Finnish. Richard is cognate with variants of the name in other European languages, such as the Swedish "Rickard", the Catalan "Ricard" and the Italian "Riccardo", among others (see comprehensive variant list below). People named Richard Multiple people with the same name * Richard Andersen (other) * Richard Anderson (other) * Richard Cartwright (other) * Ri ...
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Yousef Al-Obaidly
Yousef Al-Obaidly is the CEO of sports, entertainment and media organisation beIN Media Group. Al-Obaidly also holds a number of board positions including at Paris Saint-Germain Football Club (PSG), Paris Saint-Germain Handball, Qatar Sports Investments (PSG's owners), Qatar Tennis Federation, Qatar Satellite Company Es'hailSat and Qatar based telecoms company Ooredoo. In 2020, he was named among the top ten sports influencers in the year ahead. He is known for his influence in the debate surrounding anti-piracy in sports media. Early life Al-Obaidly was born in Doha, Qatar, where he spent his formative years, before studying in the US and graduating from Seattle University. After leaving university, Al-Obaidly played professional tennis and represented Qatar in the Davis Cup. Professional career In 2003, Al-Obaidly played a role in the launch of Al Jazeera Sport, which would later transform into beIN Sports. In 2012, he was responsible for the roll-out of beIN Sports in ...
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