In a recent decision, Premier League clubs have voted against a temporary ban on loan deals between associated clubs for the upcoming January transfer window.
Thirteen Premier League teams were in favor of halting the practice of related-party loan deals, while seven voted to retain the existing rules.
The proposal required a minimum of 14 clubs in favor to pass the temporary ban. The vote took place during a shareholders’ meeting, with the aim of establishing a permanent policy regarding such transactions.
This ruling implies that clubs like Newcastle, which are 80% owned by The Public Investment Fund of Saudi Arabia (PIF), can proceed with loaning players from the four Saudi Pro League clubs also under PIF ownership. These clubs are Al Nassr, Al Ahli, Al Ittihad, and Al Hilal.
Among the players mentioned in potential loan deals, Al Hilal’s midfielder Ruben Neves, formerly of Wolves, has caught the attention of Newcastle boss Eddie Howe.