Newcastle United are now free to sign players on loan from PIF-owned Saudi Pro League clubs after Premier League rivals failed to pass a ban on related-party loans by a single vote.
Co-owner Amanda Staveley was pictured representing Newcastle at the vote in London, which saw clubs vot 13-7 in favour of temporary bans on related-party transactions.
However, they needed a minimum of 14 votes in order for the motion to pass, meaning clubs with the same owners are free to trade in January, with attempts to impose a ‘temporary ban’ failing.
This applies to other clubs too – Crystal Palace’s connection with Lyon, Nottingham Forest’s with Olympiacos and Brighton’s link to Union Saint-Gilloise – but a lot of talk has centred around Newcastle’s alleged interest in Al-Hilal’s Ruben Neves.
Newcastle are now free to make a loan deal for the former Wolves midfielder if they so wish, although The Athletic reported earlier today that the Portuguese star is likely to stay in Saudi Arabia.
???? Amanda Staveley at today's meeting in London involving all 20 Premier League clubs.
Clubs voted 13-7 in favour of temporary bans on related-party transactions. They needed 14 in order for the motion to pass, therefore clubs with the same owners are free to trade in January.… pic.twitter.com/NQQvbkahZ2
— NUFCblog.co.uk (@NUFCblogcouk) November 21, 2023
