Newcastle breathes a sigh of relief: Premier League fails in intention to hinder loans between related clubs

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The Premier League failed on Tuesday to ban loan transfers between related clubs in January. The measure was intended to prevent a club like Newcastle from being able to loan a player from another team owned by Saudi Arabia’s Public Investment Fund.

Bron: BELGIAN

Al-Hilal’s Ruben Neves has been linked with a temporary move to the Magpies to cover Sandro Tonali’s long-term suspension. The Italian midfielder was suspended for 10 months for violating gambling rules.

The Premier League needed 14 of its 20 clubs to vote in favor of the ban at its shareholders meeting in London on Tuesday afternoon. However, the vote would have ended at 13-7, which was below the threshold to push through the motion. Manchester City can also borrow players from clubs owned by the City Football Group in this way.

In addition, the Premier League took another blow. The teams did not agree to the terms of the so-called ‘New Deal’, a £900 million settlement between the Premier League and the clubs in the English Football League.

Despite a three-hour discussion, a vote was reportedly not reached due to a sticking point surrounding the new cost control measures. The Premier League wants a solution before the new independent regulator in English football is appointed.

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