Newcastle United is undergoing a takeover as the Premier League approved the club’s £305million sale to the Public Investment Fund. However, this sale isn’t sitting well with various clubs in England’s top-flight league.
According to the Daily Mail, Manchester United, Tottenham Hotspur, and Everton FC are the most vocal about their displeasure concerning the deal during the meeting between the Premier League and the other 19 clubs.
Those inside the meeting revealed a belief that their anger centered around the prospect of heightened competition for UEFA Champions League places.
Furthermore, one top-flight executive stated to the English media outlet that the reason they don’t favor the is due to the “green-eyed monster” and “self-interest,” with Newcastle’s owners guaranteeing significant investment in their hunt for silverware.
Nonetheless, the clubs that didn’t have much objection to the takeover were the smaller clubs, who found humor with the Big Six’s aborted Super League breakaway still fresh in memories.
“This is mainly an issue for the bigger clubs, although there are concerns over the immediate impact on the relegation battle,” a club chief explained to the Daily Mail. “They are nervous that precious Champions League places have suddenly got harder to come by. A lot of the smaller clubs are pretty relaxed about it.”