Current location:Stellar Stance news portal > sport
English Premier League takes another step toward introducing a spending cap
Stellar Stance news portal2024-05-21 11:51:52【sport】5People 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://gloriosoislands.campingcolorado.net/article-15d999017.html
Very good!(29825)
Related articles
- Insider Q&A: CIA's chief technologist's cautious embrace of generative AI
- MAIL ON SUNDAY COMMENT: Rayner still has much to answer
- Museums in rural China preserve culture as nation rapidly modernizes
- Dramatic intervention by Labour Deputy's ex
- With Djokovic awaiting the winner, Murray trails Hanfmann at rain
- Joel Embiid sits out as 76ers zip past Nets 107
- Chinese New Year culture festival held in E China's town
- Feature: China's top
- NBA playoffs: Edwards leads Wolves to 98
- Article 20 still leads China's box office chart
Popular articles
Recommended
With Djokovic awaiting the winner, Murray trails Hanfmann at rain
'Wonderstruck' superfan wins dream job as This Morning's Taylor Swift correspondent
Determined language major from Russia helps bridge bilateral exchanges
I am a neurologist but was still diagnosed with Parkinson's disease in my 40s
OpenAI pauses ChatGPT voice after Scarlett Johansson comparisons
168 tombs unearthed in China's Shandong
Wayne Rooney reveals why he isn't appearing on Match of the Day as planned this weekend... as the ex
Home and Youth Affairs Bureau Spring Reception 2024 held in Hong Kong
Links
- Xi's Article Calls on Young Officials to Shoulder Mission of the Times
- Fujian vows to advance cross
- China will not peak as forecasted by the 'China peak theory': FM spokesperson
- China welcomes global enterprises at consumer expo in Haikou
- China launches new land
- China accelerates issuance of local
- Thousands cross Polish border fleeing Russia
- Construction of mainland
- Hongqimen bridge under construction in Guangdong
- Teenagers in pastoral areas of Tibet attend taekwondo camp