• BeIN Media Group CEO says ‘media rights bubble’ set to burst• ‘The truth is that our industry is completely unprepared’Revenues for
Premier League clubs such as Watford and Bournemouth will fall off a cliff unless online piracy is faced down, the world’s largest investor in TV rights has warned.
Yousef al-Obaidly, the CEO of the Qatar-based beIN Media Group, which has a $15bn portfolio of sports rights, told the Leaders Week conference in
London that he was no longer prepared to bid so much for live sport.