The Premier League vote has reportedly failed to pass a motion that would have banned related-party loans between two clubs owned by the same entities. This ensures that Newcastle\u00a0CAN still loan players from clubs in Saudi Arabia owned by the Public Investment Fund (PIF). The vote was tabled after concerns were raised over links involving Eddie Howe’s side and Al-Hilal midfielder Ruben Neves.<\/p>\n
However, the vote narrowly failed to pass as the minimum threshold of club votes to change a rule is 14 according to the Daily Mail. There were seven clubs that voted against the proposal, 13 in favour, as the resolution will not be put through.<\/p>\n
Certain Prem chiefs wanted a temporary change to rules on \u201cassociated party transactions\u201d that would ban the likes of Newcastle from signing players on loan from Saudi teams, which would also prevent Crystal Palace from bringing in players from Lyon.<\/p>\n
A formal rule would then have been drafted next summer, but the proposed ban did not meet the required number of votes at the latest shareholders’ meeting.<\/p>\n
JUST IN <\/strong> Arsenal, Tottenham and Newcastle target ‘available for just \u00a326m’ in January[GOSSIP] <\/strong><\/p>\n Whether Newcastle will press forward with a move for Neves remains to be seen. Rumours have since seen cold water poured on them and the suggestion is that he is happy since leaving Wolves in the summer.<\/p>\n But the Magpies are legally able to bring in the likes of Cristiano Ronaldo, Karim Benzema and N’Golo Kante should any loan move be agreed upon between all relevant parties.<\/p>\n![](\"https:\/\/cdn.images.express.co.uk\/img\/dynamic\/67\/590x\/secondary\/Premier-League-vote-Newcastle-transfer-5077965.jpg?r=1700585594408\"){kind=spacer}
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