Chelsea, Manchester City and Newcastle United were among the sides to vote against banning loan deals between related clubs.
Chelsea news, exclusives and analysis
On Tuesday, Premier League clubs voted on banning loan transfers between clubs with shared owners, and were split 13-7 in favour.
However, 14 votes are required to pass such a law meaning that it will not be implemented ahead of the January transfer window, freeing Newcastle to sign players from Saudi Pro League clubs that their owners, the Public Investment Fund, have majority stakes in.
According to The Times, the seven clubs who voted against the ban were Newcastle, Chelsea, City, Sheffield United, Everton, Wolves and Nottingham Forest.
All of them – bar Wolves – are part of multi-club ownership models and like the Magpies will be able to continue signing players from sides they are linked to.
Chelsea’s owners BlueCo acquired French side Strasbourg back in June, while Evangelos Marinakis owns both Forest and Greek giants Olympiakos.
Manchester City are the flagship team in the City Football Group that has stakes in many clubs around the world, as does Sheffield United’s owner, Saudi prince Abdullah bin Musaid Al Saud.
777 Partners – who are set to takeover Everton – own the likes of Genoa and Standard Liege.
It is also reported that some of the 13 in favour of the ban are angry that Abdullah bin Musaid Al Saud voted against, perhaps due to his connection to Saudi Arabia and the PIF.
The attempts to fast track the ban have been prompted by concerns over the sporting integrity surrounding multi-club ownerships and that, for example, the Magpies could use their connection to the Saudi Pro League to sign top quality players more easily and on the cheap.
One such example is Ruben Neves who has been linked with St. James’ Park just months after leaving Wolves for Al-Hilal, though reports suggest the midfielder is not interested in returning to England.
MORE : Aston Villa and England star Tyrone Mings rubbishes retirement speculation
MORE : Former Manchester United star names three French players Sir Jim Ratcliffe should sign
For more stories like this, check our sport page.
Follow Metro Sport for the latest news on Facebook, Twitter and Instagram.
