Newcastle manager Howe denies advantage from failed loan law

Newcastle manager Eddie Howe has claimed that his club does not have an advantage when it comes to making specific loan deals in January. Premier League teams recently failed to pass a temporary ban on related-party loans in the upcoming transfer window.

The 20 top-flight teams held a meeting on Tuesday to determine whether or not to pass the law. If passed, clubs currently under the same ownership umbrella could not easily loan players back and forth at the beginning of the year. However, the vote ended with just 12 Premier League sides wanting the rule. To officially go into effect, the law needed 14 clubs to be in favor of the law.

Newcastle was one of the eight English clubs to vote against the potential ban. Along with the Magpies, Manchester City, Chelsea, Wolves, Everton, Burnley, Nottingham Forest, and Sheffield United all also reportedly denied the law.

Magpies manager hints at taking advantage of unsuccessful ban

Howe explained on Friday that his team was not solely responsible for the failed ban. “It was a Premier League vote, we’re not the only club involved,” the Newcastle manager said at a press conference. “I think the majority of clubs own other clubs around the world. It’s not solely on us.”

“Newcastle had a view. We voted our way, as we’re allowed to, and the vote came out on the side it did. We’re very relaxed on it. No advantage in my eyes. We’re the same as every other Premier League club.”

Howe also hinted that his team may take advantage of the failed law by bringing in other players on loan. “We have a squad we really like, but if we can get players fit before January, then the need to recruit will become much less intense for us,” continued the coach. “That will be a decision made towards the window opening rather than now.”

Newcastle can now bring in top SPL players on loan

Saudi Arabia’s Public Investment Fund (PIF) owns the Magpies. The group also has majority stakes in Saudi Pro…

Source link : https://worldsoccertalk.com/news/newcastle-manager-howe-denies-advantage-from-failed-loan-law-20231124-WST-472389.html

Author : Chris Moore

Publish date : 2023-11-24 16:59:20

Copyright for syndicated content belongs to the linked Source.