DUBAI (Reuters) – Qatar-based beIN Sports said on Wednesday Saudi Arabia will soon lift a ban on the broadcaster, which was the TV channel’s “singular objection” to the takeover of Premier League’s Newcastle United by the kingdom’s sovereign wealth fund (PIF).
It said in a statement that it has been approached by Riyadh to settle legal cases, including a $1 billion investment arbitration.
The Saudi government did not immediately respond to a request for comment.
(Reporting by Aziz El Yaakoubi; editing by Jason Neely)
