bein Set For Premier League Renewal
The Premier League has agreed to extend its broadcast rights deal for the Middle East and Africa with BeIN Sports, according to The Daily Mail.
The deal, agreed in principle, is will reportedly start from the 2025-26 season and be worth around £550m across a three-year period.
The agreement was presented to the 20 top-tier clubs at the Premier League’s shareholder meeting last week, and the deal was given approval.
The new deal would strengthen BeIN’s portfolio of football rights, which also includes coverage of France’s Ligue 1 and Spain’s LaLiga until 2023-24, and Germany’s Bundesliga until 2024-25.
The renewal will come as a blow to the owners of third-place Premier League side Newcastle United, Saudi Arabia’s Public Investment Fund.
The Saudi Arabian government has been blocking BeIN’s TV coverage in the country since December due to on-going tension with Qatar and is also in the process of attempting a hostile takeover of the Doha-based channel.
BeIN is currently refusing to negotiate with PIF and the new deal will be regarded as a significant boost to the channel’s negotiating position.
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