EPL clubs 'reject' Newcastle's money

English Premier League

Several Premier League clubs are reportedly refusing to do business with Newcastle United in the upcoming January transfer window amid frustration about their Saudi-led takeover going through.

The Saudi Arabia Public Investment Fund, along with partners PCP Capital Partners and RB Sports & Media, completed their £300 million (R6.1 billion) purchase of the Magpies in October after a year-long court battle.

Scroll through the gallery below to see eight stars who have been linked with Newcastle since the takeover

Initially, there were fears from the other EPL sides about Newcastle's new owners, who reportedly boast a net worth of £320 billion (R6.5 trillion), which is 10 times more than that of Manchester City's owners and 50 times more than PSG chief Nasser Al-Khelaifi.

According to The Guardian, the other 19 clubs in the English top flight were united in their opposition to the move and demanded answers as to why they were informed of the takeover at such short notice.

Quickly after the acquisition was completed, it was confirmed that 18 EPL sides had voted to temporarily block sponsorship deals with businesses linked to club owners amid concerns that Mike Ashley's former team may find a lucrative but unfair new stream of income.

Despite now seemingly having millions available, The Telegraph has reported that the Magpies might have to look for new players in other leagues as some Premier Leagues sides have now deployed an "anyone but Newcastle United" approach to transfer negotiations in the future.

This could be a big blow for new manager Eddie Howe and his men as they are currently in the relegation zone and were reportedly interested in several EPL stars, including Dean Henderson and Donny van de Beek.

Read: Man Utd star seeking exit

A failure to successfully reinforce their playing squad in the next window will likely lead to a relegation battle further into the season, and potentially even relegation itself.

Here are the wealthiest club owners in the EPL, and what their net worths are

Poch opens up on managing Messi & co.

Sergio Aguero 'considering retirement'

Conte 'refuses' offer to sign Real star

comments