Premier League teams make a second attempt to undermine Newcastle, which is owned by Saudi Arabia – Report
The Mail’s Craig Hope reports that Premier League teams have requested YET ANOTHER vote, this time on related-party commercial deals, with the aim of restricting Newcastle United.
It is already well known that clubs will vote on November 21 to block related-party loan deals, which is a clear attempt to prevent us from signing Ruben Neves on loan from Al-Hilal, owned by PIF. However, it is also believed that there will be another vote at the same meeting that aims to stifle our commercial growth.
It is perceived as an additional attempt to “restrict Saudi-owned Newcastle,” as Premier League teams are calling for stricter regulations to be introduced in order to prevent our current owners from entering into profitable joint ventures with other Saudi businesses.
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The ridiculous thing is that even though we already followed the book and agreed to a £25 million contract with the Saudi company Sela—much less than the “big six” make from their front-of-shirt sponsors—our opponents want even more to be done to impede our advancement both on and off the field.
We would have to demonstrate that there are “multiple offers of the same value” before accepting any related-party commercial deal, which is a laborious process that is deemed “impractical and a waste of time” if at least 14 of the 20 elite clubs support this most recent proposal.
Although it is now “expected that the 14 clubs needed will be in favor of the change,” Newcastle may oppose the decision because, according to experts, it “raises
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