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Premier League set to ALLOW Newcastle to loan Saudi stars as no block will be placed on 'related-party loans' after hours of talks at a top hotel, with Everton deduction and Man City charges hot topics

Premier League clubs have not voted in favour of a temporary block on related-party loans, meaning clubs with the same owners are free to trade in January.

Top flight chiefs met for hours of talks at a five-star hotel in London on Tuesday for what turned out to be a fascinating shareholders meeting, with a number of topics up for discussion.

For example, the meeting came just four days after Everton were left stunned at being hit with a 10-point deduction for breaching financial rules.

Meanwhile, another major topic of conversation surrounded temporarily banning loaning players from clubs who have the same owners.