Current location:entertainment >>
English Premier League takes another step toward introducing a spending cap
entertainment41People have gathered around
IntroductionLONDON (AP) — The English Premier League has taken another step toward introducing a spending cap.At ...
LONDON (AP) — The English Premier League has taken another step toward introducing a spending cap.
At a shareholders’ meeting in London on Monday, the top-flight teams voted to progress to the final stage of a legal and economic analysis of the “anchoring” principle.
That system would limit — or anchor — the spending by all clubs to a multiple of the combined prize money and cash from TV rights earned by the last-placed team in the league. As a consequence, it would reduce the potential spending power of the clubs with the biggest revenues and richest owners, helping to increase the competitiveness of the league.
Clubs might get the opportunity to vote at the league’s annual general meeting in June on whether to adopt the spending cap, depending on the progress made in finalizing a proposal. There was no official announcement by the Premier League on the matter.
Tags:
Reprint:Friends are welcome to share on the Internet, but please indicate the source of the article when reprinting it.“International Impact news portal”。http://bulgaria.tom-paine.com/html-37f199773.html
Related articles
Amir Khan's £11.5m luxury wedding venue finally hosts its first marriage: Bride arrives on horse
entertainmentAmir Khan's £11.5million luxury wedding venue has finally hosted its first marriage after a series o ...
Read moreI discovered that living in this five
entertainmentA savvy Briton has moved into an all-inclusive five-star resort abroad - which he says is cheaper th ...
Read more'Sorry, you can't board, off you pop': Traveller reveals how he was caught out by a post
entertainmentA British traveller has revealed how he was prevented from boarding a flight to France - because of ...
Read more
Popular articles
- Ohio judge to rule Monday on whether the state’s abortion ban stands
- Shed of the Year 2024: We speak to one entrant who created his dream British boozer 'The Dirty Dog'
- How to invest to beat tax raids
- The perfect introduction to Wainwright's Lake District world
- Amir Khan's £11.5m luxury wedding venue finally hosts its first marriage: Bride arrives on horse
- As the Glastonbury 2024 lineup is announced, AI reveals the ultimate headliners
Latest articles
Hall of Fame outfielder Ken Griffey Jr. to lead Indianapolis 500 field in Corvette pace car
Bridges across the US that suffered same fate as Francis Scott Key in Baltimore
HK$3.5 billion Hong Kong Palace Museum opens after typhoon delay
Why Temple Bar backs cheap shares like M&S, BP and Royal Mail: INVESTING SHOW
What's next for Iran after death of its president in crash?
Inside Lausanne
LINKS
- Unfazed by danger and power, Guatemalan cardinal keeps up fight for migrants and the poor
- China releases first pan
- Michael Busch homers in his 4th straight game to power the Cubs past the Mariners 3
- Michael Jordan's game
- Feature: AI system developed by students helps missing children return home
- Humanoid robots make public debut in Beijing
- Tiger Woods BOMBS his 100th round at Augusta National as golf legend scores 16
- In pics: Wudongde hydropower station in SW China
- Mike Tyson sends warning shot to Jake Paul ahead of their July 20 fight, as 57
- Confucius Institute in Nepal lauded during 1st inaugural anniversary