sport news Newcastle and Manchester City may take LEGAL action over new commercial deal ...
Newcastle and Manchester City may take LEGAL action over controversial new rules that limit spending power and require any commercial deal to represent 'fair market value' Premier League shareholders have voted to put checks in place on sponsorships Newcastle and Man City are considering taking legal action against the rules The new rules arrived as a direct response to Newcastle's Saudi-funded takeover Board members from 20 clubs will have to approve deals as a 'fair market value'
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Newcastle and Manchester City are considering legal action against new rules to restrict related-party sponsorship that were approved by the Premier League on Tuesday.
Both clubs voted against a new requirement for all new commercial deals to be submitted to the Premier League Board for approval, and are now looking at other options for blocking rules they consider to be anti-competitive and open to conflicts of interest.
The tighter rules are a direct response to the Saudi-funded takeover of Newcastle in
