Newcastle United might be fighting a relegation battle this season but the long-term goal of the new ownership of the club is to be fighting at the other end of the table. The Saudi PIF fund has the cash to fund a team competing for titles and in the Champions League.
However, should the elite clubs of European football get their way, 'new money' clubs like Newcastle will find it far harder to break into the top tier. That's primarily due to proposed rules to ensure that the clubs with more history in the Champions League are protected from missing out on qualification due to legacy qualification being taken into account, which could see a side who has finished higher in the league not awarded a place in the competition.
Keiran Maguire has spoken about this as the Premier League's 'Big Six' have not yet signed up to this agreement following the furore over the European Super League from last season.
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The football finance expert said that this could prove problematic for ambitious clubs with rich new owners such as Newcastle and West Ham.
He said that "participation at the highest level" is a primary ambition for those new owners and that they would be very unhappy at the thought of any blockers being put in place for those ambitions.
" If the rules are going to be based on what clubs have done in the previous 10 years it creates a ceiling. It means any club wanting to progress, such as West Ham, Leicester or Newcastle, will find it more difficult than ever. And it is already pretty damn tough."
Maguire went so far as to call the clubs potentially signing up to this agreement a 'cartel' which wanted to remain a closed group.
The Magpies will hope that they can begin to turn around their form quickly this season and survive in the Premier League this season in order to begin their ambitious climb up the league from the beginning of next season.
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