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Saudi Arabia is reportedly exploring an investment opportunity in Qatar-based BeIN Sports, a prominent sports broadcaster in the Middle East and Africa. Led by PSG President Nasser Al-Khelaifi, BeIN Sports holds significant rights to major sporting events, including the Premier League, UEFA, and recently, Formula One.
Initial discussions for this investment were somewhat delayed by the Saudi-backed takeover of Newcastle United, followed by tensions in the region. However, talks have gained momentum recently, increasing the likelihood of a minority stake acquisition.
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