Sports

Premier League clubs vote against ban on player loans from same ownership group

Premier League clubs have voted against a proposed ban on loan moves for players between associated parties in a potentially huge boost for Newcastle United.

90min previously reported that a shareholder meeting would be attended by all 20 Premier League clubs to vote on a ‘fast track’ measure intended to protect the integrity of the competition.

For the motion to be passed, 14 clubs needed to vote in favour of changing the current regulations that are in place. But although the majority of clubs did agree with the proposal, only 13 voted for a change to be implemented for the January transfer window, meaning no changes will be made this season.

The Magpies have shown interest in signing Ruben Neves from Al Hilal on loan in January, with Eddie Howe’s side rocked by not only Sandro Tonali’s ten-month ban from football for betting offences, but also a raft of injuries to key players.

Indeed, 90min understands that a permanent move had been considered had the Premier League vote gone against Newcastle.

The issue arises from Al Hilal being owned by Newcastle’s primary backers, PIF. They also own Al Nassr, Al Ahli and Al Ittihad in the Saudi Pro League – four of the biggest spending clubs in world football.

Currently there are no restrictions on Premier League players moving between clubs who are officially affiliated or otherwise, as long as any proposed loan or transfer is deemed to be considered a fair and accurate in terms of market value.

More to follow…

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