Current location:Stellar Space news portal > entertainment
English Premier League takes another step toward introducing a spending cap
Stellar Space news portal2024-05-21 15:34:18【entertainment】0People 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://suriname.cassettedesign.com/content-82e699283.html
Very good!(6)
Related articles
- Messi in and Dybala out in Argentina squad for pre
- Local election workers fear threats to their safety as November nears
- How Phish is using the Las Vegas Sphere's technology
- Kurdish separatists and water issues loom large in long
- Tom Brady and Jay
- Mandisa, Grammy
- Jingdezhen ceramics shine bright under BRI
- Kevin Bacon returns to 'Footloose' high school
- Trump accepts a VP debate but wants it on Fox News. Harris has already said yes to CBS
- Europe warming twice as fast as other continents, report says
Popular articles
Recommended
Kate Hudson hits the stage to debut songs from her new album Glorious at star
Damian Lillard sets Bucks' postseason mark with 35 points in opening half vs Pacers
Former senior policy advisor to Obama White House charged with child sex offences in British court
The rainbow princess: Kate Middleton's stylish
Philippines blames China for loss of giant clams in disputed shoal and urges environmental inquiry
Yankees pitcher Luis Gil gets 2nd big league win, 993 days after beating Orioles in debut
Moment 'Hardest Geezer' crosses the finish line at the London Marathon in 4hrs 25mins
China's BYD adds new dealership in Tokyo
Links
- Tennessee lawmakers join movement allowing some teachers to take guns into schools
- Jury sides with school system in suit accusing it of ignoring middle
- Veteran DEA agent sentenced to 4 years for leaking intelligence in Miami bribery conspiracy
- Primary voters take down at least 2 incumbents in Pennsylvania House
- For them the war really is over! WW2 prisoner
- German leader says Europe must keep increasing aid to Ukraine after US approves new military help
- Austria coach Ralf Rangnick confirms Bayern Munich contact
- Cristian Măcelaru to become music director of Cincinnati Symphony Orchestra in 2025
- Attempt to expedite ethics probe of Minnesota state senator charged with burglary fails on tie vote
- For them the war really is over! WW2 prisoner