Premier League clubs have voted against a proposed ban on loan moves for players between associated parties in a potentially huge boost for Newcastle United.
90min previously reported that a shareholder meeting would be attended by all 20 Premier League clubs to vote on a 'fast track' measure intended to protect the integrity of the competition.
For the motion to be passed, 14 clubs needed to vote in favour of changing the current regulations that are in place. But although the majority of clubs did agree with the proposal, only 13 voted for a change to be implemented for the January transfer window, meaning no amendments will be made this season.
Although not specifically aimed at Newcastle, the conversation over a proposed change in regulations coincides with the Magpies showing an active interest in bringing Ruben Neves back to the Premier League from Al Hilal.
Newcastle have been rocked by not only Sandro Tonali's ten-month ban from football for betting offences but also a raft of injuries to key players, leaving Eddie Howe and the club's recruitment team to consider a move for Neves, whose club Al Hilal is backed by Newcastle's owners, PIF.
Currently there are no restrictions on Premier League players moving between clubs who are officially affiliated or otherwise, as long as any proposed loan or transfer is deemed to be considered a fair and accurate in terms of market value.
90min understands that a permanent move for Neves had been considered had the vote gone against Newcastle, but things may now be a lot simpler for should the club look to bring the Portuguese international back to the Premier League months after he ended a six-year spell at Wolves.
Other clubs who operate an official multi-club model include Manchester City and Chelsea, who regularly farm players out on loan and sanction transfers for players to gain more exposure to first-team football.
Currently, there is no official link between Newcastle, Al Hilal or any of the other three Saudi Pro League teams under the ownership of PIF; Al Nassr, Al Ittihad and Al Ahli.
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This article was originally published on 90min as Premier League clubs vote against ban on player loans from same ownership group.