Premier League clubs will be able to take players on loan from associated clubs in the January transfer window after the top-flight clubs took part in a vote in central London on Tuesday.
Thirteen clubs voted in favour of the temporary ban on loan moves between teams under the same ownership at a shareholders' meeting on Tuesday, falling one vote short of the number needed for it to be introduced.
The vote means that Newcastle, who in October 2021 were acquired by a group led by Saudi Arabia's Public Investment Fund (PIF), will be permitted to loan players from other clubs also owned by the fund.
PIF owns majority stakes in the Pro League's "big four" clubs - Al-Ittihad, Al-Ahli, Al-Nassr, and Al-Hilal - who signed players including Karim Benzema, Sadio Mane, Ruben Neves and Neymar in the last transfer window.
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