Premier League clubs will vote on a temporary ban involving loan signings between teams with the same owners, the PA news agency understands.
The ban would be in place as a temporary measure during the January transfer window if 14 of the 20 top-flight clubs approve the proposal at the next Premier League shareholders meeting on November 21.
It would prevent the possibility of Newcastle loaning reported target Ruben Neves from Saudi Pro League side Al Hilal, as both sides are majority owned by the Saudi Public Investment Fund (PIF).
Neves moved from Molineux to Saudi Arabia back in the summer, but has now been linked with a loan move to Newcastle following the news that Sandro Tonali will be banned for breaching betting rules.
Newcastle are not the only club that operates a multi-club model, with the owners of Manchester City, Chelsea, and Brighton also having stakes in other clubs.
It is understood that the temporary ban in January will be reviewed before a longer-term solution is sought.
