A secret meeting of Premier League clubs ended on Monday night with the adjustment of a rule aimed mainly at Newcastle United.
The Premier League had approved the Saudi takeover of Newcastle United to the dismay of many of its members, now it seems that the competition is trying to at least make life as difficult as possible for the new “big player”.
A secret meeting of the Premier League clubs ended on Monday evening with the adjustment of a rule that is directed primarily against Newcastle United.
The Premier League had approved the Saudi takeover of Newcastle United, to the dismay of many of its members, and now the competition seems to be trying to at least make life as difficult as possible for the new “big player”.
At a secret meeting of all 20 clubs on Monday, according to the Guardian, the clear majority voted for a temporary change in the regulations. According to this change, clubs are now forbidden to sign sponsorship contracts with companies that are linked to their own owners.
This is practically to prevent Newcastle from also using its new Saudi connections to generate sponsorship income and thus gain an advantage in Financial Fair Play. Similar accusations have been made in the past against Manchester City, whose main sponsor is the airline of Abu Dhabi, the emirate under whose influence the reigning champions are.
ManCity were the only club apart from Newcastle not to vote in favour of the new rule, which will come into force for a month and be reviewed by a working group with a view to making it permanent. Newcastle is said to consider it anti-competitive and illegal.