Current location:Global Glimpse news portal > style
English Premier League takes another step toward introducing a spending cap
Global Glimpse news portal2024-05-21 13:12:04【style】1People 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.
Address of this article:http://vanuatu.elfsignes.com/article-60d499527.html
Very good!(41)
Related articles
- Hollywood star Shia LaBeouf is spotted on the streets of Gavin and Stacey's hometown Barry
- Arab League welcomes UN resolution backing Palestine's bid for membership
- 76 years of Nakba: Palestinians fear a repeat of their painful history
- Michael Jordan weeps during grand opening of his third clinic with his mom in North Carolina
- Jessica Biel CHOPS her long locks into a bob after book signing in Studio City
- Rooney posts an 18
- 4 Dominicans are accused of smuggling wildlife and throwing 113 birds overboard to their deaths
- GameStop, AMC stocks surge as Roaring Kitty returns
- The unstoppable duo of Emma Stone and Yorgos Lanthimos
- Hong Kong calls for respect of its overseas
Popular articles
- Iran helicopter crash that killed President Raisi could reverberate across the Middle East
- China Red Cross Society celebrates 120th anniversary
- Arab League welcomes UN resolution backing Palestine's bid for membership
- Feds accuse Rhode Island of warehousing kids with mental health, developmental disabilities
Recommended
Here comes the char
Chinese yuan weakens to 7.1030 against USD Monday
Red Sox great David Ortiz, who frustrated Yankees, honored by New York Senate
Sydney bishop stabbing: Unreasonable to hide video for all users on X, Judge says
Four people killed in a house explosion in southwestern Missouri
US energy panel approves rule to expand transmission of renewable power
Mae Whitman reunites with Parenthood co
China's consumer prices show mild upticks amid continued demand recovery
Links
- The US is wrapping up a pier to bring aid to Gaza by sea. But danger and uncertainty lie ahead
- Shopping complex fire inflicts tragedy on Vietnamese community in Poland
- Honda recalling lawn mowers, pressure washer equipment due to injury risk when starting
- How major US stock indexes fared Tuesday, 5/14/2024
- 70 years ago of school integration after Brown v Board
- Milan wins chaotic sprint at end of 11th stage of Giro. Pogacar stays in pink
- Child migration through Panama's dangerous Darien Gap is up 40%, UN report says
- Nepal's top cricket star has his 8
- PGA CHAMPIONSHIP '24: What golf was talking about the last time at Valhalla
- Toronto's Spooner is out for the rest of the PWHL playoffs with a knee injury