A large number of Newcastle United fans have flocked to Twitter to share their thoughts on the latest claim to emerge regarding their potential new sponsorships on Tyneside.
According to The Times, new sponsorships for Premier League clubs that are worth more than £1m will be forced to undergo a check to ensure it is not an “associated party” transaction.
Will NUFC avoid the drop this season?
The report claims the new regulations were agreed upon by the majority of Premier League clubs, with the Toon believed to have shown their opposition to the idea.
Indeed, it’s stated that there is some concern that Newcastle could legally challenge rules to insist Saudi state companies should not be viewed as associated parties, given the PL’s view the state are separate to PIF.
These claims come amid the new takeover at St. James’ Park and reports suggesting they could potentially look to get Saudi Arabian firms on board to provide sponsorship. However, the ruling has hardly dampened these fans’ spirits.
What did these Newcastle fans have to say?
“Like it says, we aren’t owned by the Saudi state, therefore any Saudi companies are free to sponsor us. Made their bed, let them lie in it”
Matters on the pitch for the Toon are looking bleak having conceded 11 goals in their previous three Premier League outings, but they will have the opportunity to bolster their squad next month for the second half of the season.
And it is apparent these fans have hope their club will be able to bring on board sponsorships from Saudi Arabia to potentially boost their transfer funds for the future.