Liverpool Vote Yes on Party-Related Loans Motion, Seven Clubs Who Blocked It Named

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You can probably guess who they are. It’s the usual suspects.

Shareholders from Premier League clubs met on Tuesday to vote on a motion to block related-party loans as a temporary measure while a permanent solution was found. This would have prevented a team like Newcastle United from signing players on loan from any PIF-owned clubs.

The Premier League was understood to be in favour of implementing the ban. Liverpool FC was one of thirteen clubs who voted to block loan moves between teams under the same ownership. That total was one short of the two-thirds majority needed for the motion to be passed, meaning such transactions will be permitted in the January transfer window. Currently, the league places no restrictions on players securing loans from foreign teams under the same ownership group of the Premier League club they move to, as long as the deal is thought to adhere to fair market value.

The Times’ Martyn Ziegler reported on Tuesday evening that the clubs who voted against are:

1. Newcastle United (Saudi-owned, Public Investment Fund, backs Al Nassr, Al Hilal, Al Ittihad, and Al Ahli)
2. Sheffield United (Saudi owner, United World Group, which also owns Beerschot, Al-Hilal United, Châteauroux, and Kerala United),
3. Man City (Abu Dhabi-owned, City Football Group, too many clubs to list),
4. Chelsea (Boehly/Clearlake Capital, owners of Strasbourg),
5. Everton (could be potentially acquired by 777 Partners, who own multiple clubs),
6. Wolves (owned by Chinese multinational conglomerate Fosun International - as far as I can tell, they don’t own another club so maybe they want to own one in the future)
7. and Nottingham Forest (owner also has a stake in Rio Ave FC)

It’s not a surprising list at all, given their interests. We’ll see what happens in January.

Source: liverpooloffside.sbnation.com