A labor politician has drawn up a bill to change the reform of English football and add the prohibition of state clubs in Premier Leagueto force City of Manchester and Newcastle UnitedEdit to change owners. The ‘Sky Blues’ are in the hands of the United Arab Emirates, while Newcastle United belong to the Saudi Arabian Investment Fund (PIF), so if this addition goes ahead, the two will have to change their owners.
In order to do this, this Labor Party had to get the support of the majority of representatives in the House of Lords as well as the approval of the British Government itself. According to the British newspaper ‘The Times’, this is unlikely to happen, but it highlights that several Premier clubs have pushed for this rule to be introduced. “No state club should receive an operating license and any affected club should comply with the reforms of the new law,” said Lord Bassam, the politician in question, in his bill.
The likelihood of this continuing is, moreover, small, as it would also mean interfering with commercial relations between the United Kingdom and the aforementioned countries, Saudi Arabia and the United Arab Emirates, something that the reform is also trying to amend , which applies that the independent regulator does not have to consider UK trade rules when making decisions.
A radical change for the City in 2008
City’s purchase of the United Arab Emirates in 2008 was successful, as the ‘Sky Blues’ became a mid-low table team on their way to winning eight Premier Leagues and one Champions League, in addition to numerous titles and becoming one of most important clubs in the world.
In the case of Newcastle, in the hands of Saudi Arabia since the end of 2021, the ‘Magpies’ have gone from fighting for relegation to qualifying for the Champions League in 2023 and playing in a League Cup final in the same year. The reform of English football is a law that is already in the process of being approved by the British Parliament and was revealed 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 that financially oversees club owners, among other things, and grants them licenses to participate in competitions. If the Labor politician’s proposal goes ahead, state clubs, such as City and Newcastle, will not receive such a license and therefore cannot compete.
Source: La Verdad
I’m Rose Herman and I work as an author for Today Times Live. My expertise lies in writing about sports, a passion of mine that has been with me since childhood. As part of my job, I provide comprehensive coverage on everything from football to tennis to golf.
