Following Newcastle’s takeover, Premier League teams ‘vote in favor of new Premier League regulation,’ with Man City abstaining

In the aftermath of Newcastle United’s takeover, all 18 Premier League clubs voted in support of new Premier League legislation, with the exception of Newcastle and Man City, according to the Guardian.
Saudi Arabia’s Public Investment Fund (PIF), whose head is Mohammed bin Salman, the Middle Eastern state’s crown prince, bought the club as the main stakeholder in a £300 million deal earlier this month.

Many fans at St James’ Park were overjoyed by the takeover, but the rest of the football world was outraged.

Last week, Liverpool manager Jurgen Klopp aired his reservations about the takeover, and it appears that other Premier League clubs have the same reservations.
All 20 English Premier League clubs met this week to discuss new rules surrounding business relationships with sponsorship deals, according to a report in The Guardian.

According to sources, nearly all Premier League clubs, including Everton and Liverpool, voted in favor of legislation prohibiting clubs from establishing expensive sponsorship deals.

Newcastle and Manchester City apparently voted no, resulting in an 18-2 vote.
It’s also possible to think of it as 18-1-1.
City “abstained” from the vote, according to The Athletic, while Newcastle “believes the regulation is anti-competitive, as supported by their own legal opinion, and may be unlawful.”
Etihad Airways, which is owned by the Abu Dhabi government, has a sponsorship relationship with City.

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