Ban on loans between associated clubs rejected after failing to reach majority
- Proposal came after Saudi links in Neves’ loan deal to Newcastle
- Man City and Chelsea among clubs to vote against motion
Splits among Premier League clubs were laid bare on Tuesday when a proposed ban on loans between associated clubs was defeated and no approval was reached on a financial redistribution deal with the English Football League.
A motion submitted by the league that would have temporarily banned player loans between clubs that share common ownership – so-called related-party transactions – failed to earn a sufficient majority at the meeting in central London. Meanwhile the long-awaited deal to provide greater financial support to the football pyramid remains unresolved, some two years after the government first endorsed calls for greater redistribution.Continue reading...
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