Current location:International Ideals news portal > politics
English Premier League takes another step toward introducing a spending cap
International Ideals news portal2024-05-21 07:33:41【politics】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://congodemocraticrepublicofthe.adventistmissionjapan.org/html-04e899139.html
Very good!(9)
Related articles
- Medics remove 150 MAGGOTS from a woman's mouth after dental procedure left her with rotting tissue
- Ancient answers to modern questions
- Safety efforts urged after fatal boat accident
- Croatia's ruling party wins most seats in parliamentary elections: exit polls
- Revealed: Brit tourist, 19, subjected to sex attack in Majorca 'was gang
- China's AG600M firefighting aircraft completes cold
- China's AG600M firefighting aircraft completes cold
- Adorable children danced with dragons to celebrate the Spring Festival and welcome Lantern Festival
- Investigators return to Long Island home of Gilgo Beach serial killing suspect
- Experiencing traditional crafts at China International Fair for Trade in Services
Popular articles
Recommended
Amtrak train hits pickup truck in upstate New York, 3 dead including child
Xi Sends Congratulatory Letter to Understanding China Conference
Comicomment: Five Eyes alliance is the largest global intelligence agency
A drink heritage to cherish
Four people killed in a house explosion in southwestern Missouri
Exhibiting a timeless elegance
China's homegrown C919 jetliner flies to Singapore for airshow
Culture Insider: China's Ghost Festival
Links
- Goalkeeper Nahuel Guzmán suspended for 11 games, fined for pointing laser at rival in Liga MX match
- Alabama court authorizes executing a man convicted of killing a delivery driver
- Palestinian American poet Fady Joudah receives $100,000 prize
- Palestinian American poet Fady Joudah receives $100,000 prize
- Missouri lawmakers expand private school scholarships backed by tax credits
- Philadelphia Eagles want draft picks to play well, do the right thing and retire with the franchise
- University of Missouri plans $250 million renovation of Memorial Stadium
- Judge hears testimony in man's bid for a new trial for girl's 1988 killing
- Arizona State starting quarterback Jaden Rashada enters transfer portal
- Nevada Supreme Court rulings hand setbacks to gun