Newcastle Cleared to Loan Players from PIF-Owned Saudi Clubs

Premier League vote falls short of banning loan moves between teams under the same ownership, allowing Newcastle to loan players from clubs also owned by Saudi Arabia's Public Investment Fund.

Newcastle United will be allowed to loan players from sides controlled by their Saudi owners in the January transfer window after a vote on a temporary ban on related-party loans did not get enough support from Premier League clubs.
Thirteen Premier League clubs voted in favour of the temporary ban on loan moves between teams under the same ownership, falling one vote short of the number needed for it to be introduced.
The vote means that Newcastle, who in October 2021 were acquired by a group led by Saudi Arabia's Public Investment Fund (PIF), will be permitted to loan players from other clubs also owned by the fund.
PIF owns majority stakes in the Pro League's 'big four' clubs -- Al-Ittihad, Al-Ahli, Al-Nassr, and Al-Hilal -- who signed players including Karim Benzema, Sadio Mane, Ruben Neves and Neymar in the last transfer window.
There had been speculation that Ruben Neves might make a loan move from Al Hilal to Newcastle United — two clubs predominantly owned by Saudi Arabia’s Public Investment Fund (PIF) — in January.