Premier League clubs rush to vote to prohibit loan signings from clubs owned by the same people.
Premier League clubs will vote on an emergency ban on loan signings from clubs owned by the same people.
According to reports (see below), the temporary ban will be followed by a permanent one.
This one, on the other hand, has been rushed in so that it will be effective in the January window.
It only applies to loans received by Premier League clubs from other clubs in which their owners have an interest, but not to loans received by Premier League clubs from other clubs in which their owners have an interest.
They might as well have gone all the way and declared that this ban only applied to loans from Saudi Pro League clubs to Premier League clubs, because it’s clearly all about Newcastle United and the perceived fear that Premier League clubs have of what might happen in January 2024.
I have no idea whether Newcastle United intended to try to sign loan players from any of the four Saudi Pro League clubs in which the Saudi Arabia PIF also owns a 75% stake. However, this is all very embarrassing given that Premier League clubs appeared to be quite content for this to happen previously.
To be honest, I find it astonishing that they are only going in one direction.
If you’re going to prohibit owners with multiple club interests from doing loan deals, surely it should apply to both incoming and outgoing Premier League clubs.
Man City, Chelsea, and Brighton should be barred from engaging in the dubious practice of loaning out players to other clubs in which their owners have an interest. It’s been going on for far too long.
‘Premier League shareholders will vote later this month on a temporary BAN involving incoming loan signings between clubs owned by the same person,’ meaning Newcastle would be unable to arrange deals for players in Saudi Arabia.
To pass the fast-tracked proposal on November 21, 14 of the 20 top-tier members must agree, which is expected to happen.
That would rule out Newcastle loaning out players like Ruben Neves from Saudi Pro League side Al-Hilal, whose Public Investment Fund owns an 80% stake in St James’ Park.
…Premier League rivals are expected to block such a move before the January transfer window closes. The situation will then be reviewed before any permanent changes are implemented.
Permanent transfers would be exempt from the temporary ban because they are already subject to the Premier League’s ‘associated-party transaction’ checks.
However, the changes would affect all multi-club ownership models, such as Manchester City’s City Football Group. Arsenal, Aston Villa, Chelsea, Brighton, West Ham, Nottingham Forest, Bournemouth, Sheffield United, and Crystal Palace all have foreign club owners, as does incoming Manchester United co-owner Sir Jim Ratcliffe.
However, new rules may affect all transfers – permanent and loan – between clubs with shared ownership in the future. Several clubs are concerned about the potential exploitation of multi-club ownership.’
