- A shareholders meeting was held at a five-star hotel in London on Tuesday
- Premier League clubs narrowly voted against a ban on ‘related party loans’
- It’s the world against Everton – it can galvanise the players to stay up – IAKO
The seven Premier League clubs who blocked the ban on signing players from sister teams have been revealed.
Premier League outfits voted against a temporary ban on incoming loan deals between clubs with the same owners, after crunch talks at a shareholders meeting on Tuesday.
The fast-tracked ban proposal was not supported by the 14 top-flight members needed to implement the change, missing out by just one vote after a 13-7 ballot was returned.
It means the likes of Newcastle will be free to trade with PIF-backed teams from Saudi Arabia.
Premier League clubs have not voted in favour of a temporary block on related-party loans (above – Newcastle United co-owner Amanda Staveley leaves The Churchill Hotel on Tuesday)
Manchester City are believed to be one of the teams who voted against the temporary loan ban
The vote means Newcastle will be allowed to loan stars from the Saudi Pro League despite Newcastle’s owners also owning four SPL clubs – Al-Hilal, Al-Ahli, Al-Nassr and Al-Ittihad
West Ham vice-chair Karen Brady after the vote to ban ‘related-party loans’ failed by one vote
Clubs often use others in their network to send players on loan to gain experience, and many did not want to risk that avenue being closed.
For Newcastle, it means they are still able to agree loan moves with Saudi teams owned by PIF, who have an 80 per-cent stake at St James’ Park.
With £52million Sandro Tonali banned for illegal gambling until August, the likes of Al-Hilal midfielder Ruben Neves had been discussed as an option.
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Eddie Howe’s side were linked with a move for Al-Hilal and former Wolves star Ruben Neves
The remaining 13 clubs were reportedly very angry at Sheffield United’s vote against the ban
Everton’s 10-point penalty was also discussed, with Sean Dyche’s men now in the bottom three
Others such as Karim Benzema, N’Golo Kante, Roberto Firmino, Aleksandar Mitrovic, Sadio Mane and Aymeric Laporte also play for PIF-owned teams.
According to one club chief, representatives from some of the remaining 13 clubs were furious that newly-promoted outfit Sheffield United had voted against the ban. The Blades are owned by Saudi prince Abdullah bin Musaid Al Saud.
The proposal to prevent loan deals from happening was initially put forward at the end of last season, after Newcastle’s Saudi PIF owners took ownership control of the four leading clubs in the Saudi Pro League – Al-Ittihad, Al-Nassr, Al-Hilal, and Al-Ahli.
Everton’s shock 10-point deduction for breaching the Premier League’s financial rules and the 115 FFP charges facing Manchester City were also hot topics during Tuesday’s crunch talks in London.