Current location:opinions >>
English Premier League takes another step toward introducing a spending cap
opinions8People 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.“Culture Crossroad news portal”。http://malaysia.liveandunplugged.org/article-71e599405.html
Related articles
Insider Q&A: CIA's chief technologist's cautious embrace of generative AI
opinionsKnowledge advantage can save lives, win wars and avert disaster. At the Central Intelligence Agency, ...
【opinions】
Read moreChinese City of Youth, Chengdu, Bracing for World University Games
opinionsContact Us HomeNewsHighlightACWF NewsSocietyWom ...
【opinions】
Read moreNational Youth Space Innovation Competition Held in South China
opinionsContact Us HomeNewsHighlightACWF NewsSocietyWom ...
【opinions】
Read more
Popular articles
- College baseball notebook: Conference tournaments to decide NCAA automatic bids and many at
- Two CCTF Public Welfare Projects Win China Charity Award
- CCTF Holds Training Session for Guizhou's Middle School English Teachers at BFSU
- Closing Ceremony of 31st FISU Summer World University Games Held in Chengdu
- I was 'brokefished' by my friend for £400
- CCTF Holds Training Session for Guizhou's Middle School English Teachers at BFSU
Latest articles
Inquiry slams UK authorities for failures that killed thousands in infected blood scandal
Changshan Shows the Way to Boost Births
Relocated Mountain Women Empowered by New Roles and Jobs
China Celebrates National Day with Jubilation and Hope
Everybody may love Raymond, but Ray Romano loves Peter Boyle
Culture, Museum Craze Drives Consumption During China's Eight
LINKS
- Braves make 2 deals with infielders, adding Short from Red Sox and sending Guillorme to Angels
- Brewers LHP Robert Gasser expected to make MLB debut against Cardinals on Friday
- Asteroids, Myst, Resident Evil, SimCity and Ultima inducted into World Video Game Hall of Fame
- Vick Hope shows off her long legs in a summery pink mini dress as she departs BBC studios
- Elizabeth Taylor documentary with never
- Asteroids, Myst, Resident Evil, SimCity and Ultima inducted into World Video Game Hall of Fame
- Country star Cindy Walker posthumously inducted into Songwriters Hall of Fame
- Japanese game maker Sega Sammy sells resort to US fund
- Cara Delevingne keeps it casual in white t
- 1 lawmaker stops South Carolina health care consolidation bill that had overwhelming support