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EFE
Updated
A Labor politician has made a bill to change the reform of English football and add the ban on state clubs in the Premier League, which would force Manchester City and Newcastle United to change owners.
The ‘Sky Blues’ are in the hands of the United Arab Emirateswhile the Newcastle United belongs to the Saudi Arabian Investment Fund (PIF), so if this addition goes ahead, both would have to change owners.
For this, This Labor Party should get the support of the majority of MPs in the House of Lords as well as the approval of the British Government itself. According to the British newspaper ‘The Times’the probability of this is slim, but it stands out that several Premier clubs have insisted that this rule be introduced.
“No state club should receive an operating license and “Every affected club must comply with the reforms of the new law.”said Lord Bassam, the politician in question, in his bill.
The possibility of this going ahead is also small, because It would also mean interfering in commercial relations between the United Kingdom and the aforementioned countries, Saudi Arabia and the United Arab Emiratessomething that the reform also tries to amend, applying that the independent regulator does not have to take into account the trade policies of the United Kingdom when making decisions.
The purchase of City by the United Arab Emirates in 2008 It was a complete success, since the ‘Sky Blues’ went from being a mid-low table team to winning eight Premier Leagues and a Champions League, in addition to numerous titles and being one of the most valuable clubs in the world.
In the case of Newcastle, held by Saudi Arabia since the end of 2021the ‘Magpies’ have gone from fighting for relegation to qualifying for the Champions League in 2023 and playing in a League Cup final that same year.
The reform of English football is a law that is already in the process of being approved by the British Parliament and which came to light as a result of the incidents experienced in the spring of 2021 with the creation of the European Super League.
One of the reform proposals is the creation of an independent regulator to financially supervise club ownersamong other things, and to issue licenses to them to be able to participate in the competitions. If the Labor politician’s proposal goes ahead, the state clubs, such as City and Newcastle will not receive this license and therefore will not be able to compete.
