The possibility of an Al Jazeera Sport takeover has been in the air for some time. The move would cement Al Jazeera Sport’s position as the leading Middle Eastern sports broadcaster and further consolidate a market that has already seen a merger this year of Showtime and Orbit.
Al Jazeera Sport on Tuesday morning had signed a deal with Uefa for the 2012 and 2016 European Championships, becoming the first broadcaster worldwide to sign up for the 2016 event.