{"id":296761,"date":"2023-11-09T20:25:05","date_gmt":"2023-11-09T20:25:05","guid":{"rendered":"https:\/\/sports-life-news.com\/?p=296761"},"modified":"2023-11-09T20:25:05","modified_gmt":"2023-11-09T20:25:05","slug":"clubs-to-vote-for-tougher-rules-on-related-party-commercial-deals","status":"publish","type":"post","link":"https:\/\/sports-life-news.com\/soccer\/clubs-to-vote-for-tougher-rules-on-related-party-commercial-deals\/","title":{"rendered":"Clubs to vote for TOUGHER rules on related-party commercial deals"},"content":{"rendered":"<h1>Premier League clubs to vote for TOUGHER rules on related-party commercial deals this month, in move that could restrict Saudi-backed Newcastle&#8217;s ability to increase their commercial revenue<\/h1>\n<ul>\n<li><strong>There is set to be a Premier League shareholder meeting later this month<\/strong><\/li>\n<li><strong>Clubs are set to vote for tougher rules on related-party commercial deals\u00a0<\/strong><\/li>\n<li><strong>Man Utd are NOT good enough to have a ball-playing keeper &#8211; It&#8217;s All Coming Up<\/strong><\/li>\n<\/ul>\n<p>Premier League clubs are set to vote for tougher rules on related-party commercial deals, in what will be seen as another attempt to restrict Saudi-owned Newcastle.<\/p>\n<p>Mail Sport understands several top-flight sides are pushing for the changes that would make it more difficult for the likes of Newcastle to agree partnerships with Saudi companies, and so increase their commercial revenue.<\/p>\n<p>Under the proposal, clubs would now have to prove they had multiple offers of the same value.\u00a0<\/p>\n<p>At present, under rules brought in following Newcastle\u2019s takeover in 2021, such deals are tested by the Premier League\u2019s \u2018Fair Market Value\u2019 process.\u00a0<\/p>\n<p>Newcastle, for example, agreed a \u00a325million-a-year shirt deal with Saudi events firm Sela in June, signed off as fair by an independent valuer. It was significantly lower than their top-six rivals.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i.dailymail.co.uk\/1s\/2023\/11\/09\/19\/77619689-12731425-image-a-30_1699556831470.jpg\" height=\"423\" width=\"634\"><\/p>\n<p>Premier League clubs are expected to vote for tougher rules on related-party commercial deals, which could restrict Saudi-backed Newcastle<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i.dailymail.co.uk\/1s\/2023\/11\/09\/19\/77619693-12731425-image-m-32_1699556924703.jpg\" height=\"669\" width=\"634\"><\/p>\n<p>If the vote goes through, it could make it difficult for Eddie Howe&#8217;s Magpies to agree partnerships with Saudi companies<\/p>\n<p>Your browser does not support iframes.<\/p>\n<p>But new rules would mean clubs have to go out and negotiate several offers of similar worth, which could be seen as impractical and a waste of time.\u00a0They are currently able to submit that type of evidence, but it looks set to soon be mandatory.<\/p>\n<p>A vote will take place at the league\u2019s next shareholder meeting on November 21, when it is expected that the 14 clubs needed will be in favour of the change.<\/p>\n<p>However, experts say it raises questions over the Premier League restricting normal business practices, and whether Competition law will be contravened.\u00a0<\/p>\n<p>The same legal challenges could apply to a temporary ban on loan signings between clubs with the same owners, as reported by Mail Sport on Wednesday.<\/p>\n<p>We revealed that a vote will take place for a fast-tracked rule that would prohibit Newcastle, for example, from signing players from PIF-owned Saudi clubs in January. The rest of the league, meanwhile, would be free to trade with Saudi teams.<\/p>\n<p>Newcastle head coach Eddie Howe is currently without 10 senior players because of injury and suspension, and the Saudi market could have been one avenue for reinforcement. He faces the press on Friday morning, when this week\u2019s developments are sure to be discussed.<\/p>\n<h3>IT&#8217;S ALL KICKING OFF!\u00a0<\/h3>\n<p><span><span>It&#8217;s All Kicking Off is an exciting new podcast from Mail Sport that promises a different take on Premier League football.<\/span><\/span><\/p>\n<p><span><span>It is available on MailOnline, Mail+, YouTube, Apple Music and Spotify.<\/span><\/span><\/p>\n<p>Your browser does not support iframes.<\/p>\n<p>Source: <a href=\"https:\/\/www.dailymail.co.uk\/sport\/football\/article-12731425\/Premier-League-clubs-vote-TOUGHER-rules-related-party-commercial-deals-month-restrict-Saudi-backed-Newcastles-ability-increase-commercial-revenue.html\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Premier League clubs to vote for TOUGHER rules on related-party commercial deals this month, in move that could restrict Saudi-backed Newcastle&#8217;s ability to increase their commercial revenue There is set to be a Premier League shareholder meeting later this month Clubs are&#8230;<\/p>\n","protected":false},"author":2,"featured_media":296760,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8 - 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