Major Premier League decision impacting Newcastle United, Man Utd & Man City confirmed

Premier League plans to put a temporary block on related-party loans ahead of the January transfer window has failed.

On Tuesday, English top-flight clubs met in London and voted on whether to place a temporary ban on loan signings between clubs with the same owners.

For it to be passed, 14 of the 20 teams were required to vote in favour. The actual result was 13-7, meaning the motion failed by a single vote.

Newcastle United are 80 per-cent owned by the Public Investment Fund of Saudi Arabia, who also hold a stake in four Saudi Pro League clubs; Al Hilal, Al Nassr, Al Ahli and Al Ittihad.

Of those teams, the Magpies have been linked with a move for Al Hilal's Ruben Neves, just six months after he left Wolverhampton Wanderers in a £47million deal.

United are expected to target a midfielder in January as a replacement for Sandro Tonali. The Italian is suspended from football until August 2024 following an investigation into illegal betting activity.

Howe was asked about Neves earlier this month. He said: “It’s very difficult to talk about one individual player but of course, he is a player we liked when he was at Wolves."

On the January transfer window, Howe added: "I'm open to signing players from anywhere if they're good enough and they make our team better.

“Honestly, at the moment I don’t have any plans for January. It’s such a moving thing in the sense that we don’t have clearly identified targets. There are too many moving parts at this stage and a lot of football to be played

"From our side, there are injuries that may return and injuries that may not return. It’s very difficult for us to have finalised those plans at this stage. A long-winded answer but no.”

A number of Premier League owners have interests in other clubs.

For example, Manchester City's City Football Group own 13 clubs in total. Meanwhile, Sir Jim Ratcliffe, who is set to gain a 25 per-cent stake in Manchester United, owns French club Nice.

Chelsea are in a multi-club model with Strasbourg, while Brighton and Hove Albion have done business with Belgian side Union Saint-Gilloise, with both clubs owned by Tony Bloom.