A threat of legal action has been making against the Premier League for halting the Saudi Arabian takeover of Newcastle United: https://www.shieldsgazette.com/sport/football/newcastle-united/exclusive-newcastle-united-takeover-bombshell-premier-league-served-legal-letter-demanding-anti-competition-disclosure-3016073
The action would be based on competition law and would go before a specialist court. In my view football leagues have always been vulnerable to action under competition law (indeed, it has been used by the EU in the past) and it would be interesting to see a case in the domestic courts.
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