A Labor politician has made a bill to change the reform of English football and add a 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 Emirates, while Newcastle United belongs to the Saudi Arabian Investment Fund (PIF), so if this addition goes ahead, both would have to change their owners.
This Labor party should obtain the support of the majority of deputies in the House of Lords as well as the approval of the British Government itself
To do this, this Labor Party would have to get the support of the majority of deputies in the House of Lords as well as the approval of the British Government itself. According to the British newspaper The Timesthe 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 any 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, furthermore, small, because it would also mean interfering in the commercial relations between the United Kingdom and the aforementioned countries, Saudi Arabia and the United Arab Emirates, something that the reform also tries to amend, applying that the independent regulator does not have to take UK trade policies into account when making decisions.
No state club should receive an operating license and any affected club must comply with the reforms of the new law.
The purchase of City by the United Arab Emirates in 2008 was a 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 be one of the most valuable 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 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 that 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 proposals of the reform is the creation of an independent regulator that financially supervises club owners, among other things, and that provides licenses to them to be able 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 will not be able to compete.
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