sport news Premier League plan to curb Newcastle and Man City spending by preventing use ...
Premier League plan to curb Newcastle and Man City spending by preventing them using a global network of clubs to pay players and coaches amid fears such a setup would get round Financial Fair Play regulations New regulations will be agreed later this month following Newcastle's takeover They will form part of tightened restrictions on related-party sponsorship deals Newcastle's owners are planning to establish a global network of clubs Leaked documents suggested Man City paid Roberto Mancini two salaries
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The Premier League are planning to bring in new rules to prevent clubs using their feeder and/or satellite teams to pay players and coaches in another attempt to curb the spending power of Manchester City and Newcastle.
The new regulations will form part of tightened restrictions on related-party sponsorship deals which are set to be agreed later this month in a direct response to the £305million Saudi Arabian-led takeover of Newcastle.
Newcastle’s new owners have made it clear they are planning to follow the City Football Group model of establishing a global network of clubs, leading to fears among some top-flight rivals that such a set-up could be used to circumvent Financial Fair Play regulations.
