Premier League clubs to discuss plans that could impact Newcastle United’s spending and search for silverware

Premier League clubs are set to discuss a new deal that would bring major changes to both the FA Cup and Carabao Cup over the coming seasons.

Newcastle United representatives will be asked for their input at a meeting set to take place on Wednesday with a view to delivering a ‘New Deal for Football’.

The Times have reported Premier League clubs are to consider plans to scrap FA Cup third and fourth round replays, sending ties straight to a penalty shoot-out if the scores are level after 90 minutes.

There are also proposals to make significant changes to the Carabao Cup as clubs competing in the Champions League, Europa League and Europa Conference League will be given a choice over their participation in the competition.

Those clubs will be permitted to either field Under-21s sides or withdraw from the competition completely in order to reduce the increased workload placed on their players throughout the season.

It has also been reported clubs will consider proposals to limit spending to a fixed percentage of their income and bring the Premier League in line with UEFA’s new financial rules.

This move would have a significant impact on the Magpies owners ambitious plans to strengthen on and off the pitch at St James Park.

With the one-year anniversary of their takeover approaching, the PIF-led consortium have invested over spent over £200million improving Eddie Howe’s squad over the last two transfer windows.

Significant investment has been made behind the scenes as the Magpies hierarchy look to improve their infrastructure that was stripped back under the club’s former owner.

Recent appointments such as sporting director Dan Ashworth and chief executive officer Darren Eales are fronting the attempts to push the club forwards and deliver on the ambitious plans laid out by the owners.

Those plans could be impacted by the outcome of Wednesday’s meeting as Premier League clubs discuss the possibility of changing the way clubs function on and off the pitch.