How 18 other Premier League clubs are trying to stop Newcastle United becoming the next Manchester City

    Newcastle takeover completed

    During the last international break, the news that Newcastle had been subject to a successful takeover broke, sending shockwaves through the Premier League.

    The Saudi Arabai Public Investment Fund (PIF), now in control of the Tyneside club, are worth an approximate 500 billion, dwarfing the 20 billion estimates worth of Paris Saint Germain, previously the richest club in the world.

    The move brought an end to 14 years of austerity that was overseen by Mike Ashley, and injected hope back into the fans, who had grown tired and angry with the boring and dull style of football.

    Their new takeover did not get off to the best start, however, as the Magpies fell to a 3-1 defeat to Tottenham Hotspur on Sunday afternoon in the first game under their new owners. And now, they could face further straight-jacketing from the rest of the Premier League.

    Premier League clubs vote to suspend new sponsors

    Now, as per Adam Crafton of The Athletic, Premier League clubs have voted by a margin of 18-1, with Manchester City abstaining, to enforce a three week suspension on new sponsorship deals from “related parties”.

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    In essence, this means that Newcastle cannot inflate their sponsorship income in order to sidestep financial fair play, something that Manchester City are currently on trial for. As a result, this means that the new owners cannot invest the amounts that the Citizens did, in theory making it harder for them to reach the very top through sheer financial power alone.

    It remains unclear as to whether this will become a longer ban, or whether it is more just a statement of intent from Premier League clubs.

    Read more:

    The three managers top of Newcastle’s shortlist to replace Steve Bruce

    The stat that suggests the Premier League relegation candidates have already been confirmed


    Newcastle betting odds, next game:

    Crystal Palace vs Newcastle odds: result, both teams to score, correct score & goalscorers

    Crystal Palace vs Newcastle Result/Both teams score Yes No
    Crystal Palace 3/1 9/4
    Newcastle 13/2
    Draw 7/2 9/1

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