Current location:world >>
English Premier League takes another step toward introducing a spending cap
world133People 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.“Planet Pulse news portal”。http://holyseevaticancity.afischerphasedrives.com/content-71e599405.html
Related articles
Company wins court ruling to continue development of Michigan factory serving EV industry
worldGREEN TOWNSHIP, Mich. (AP) — A judge has ordered a Michigan community to stop blocking efforts to br ...
【world】
Read moreChina Launches Tourist
worldContact Us HomeNewsHighlightACWF NewsSocietyWom ...
【world】
Read morePeople Celebrate Miao Sisters Festival in SW China's Guizhou
worldContact Us HomeNewsHighlightACWF NewsSocietyWom ...
【world】
Read more
Popular articles
- Burglar hurled stolen mobile phones at police from the top of 60ft high roof during nine
- Nanwenying Community Improves Community Public Service System in Xiong'an New Area, N China
- China Continues Promoting Employment Around Graduation Season
- China Focus: China Aims to Enhance Barrier
- The Latest
- Marriage Registrations Fall to Record Low in China
Latest articles
LINKS
- Boston Red Sox shortstop Trevor Story has season
- Agreement could resolve litigation over services for disabled people in North Carolina
- More history for Tiger Woods. He makes the Masters cut for a record 24th time in a row
- Judge in Trump’s classified files case agrees to protect witness identities
- Republican Sen. Rick Scott softens his abortion position after Florida Supreme Court ruling
- Republican Sen. Rick Scott softens his abortion position after Florida Supreme Court ruling
- Trump says Arizona's abortion ban goes 'too far'
- Don Donoher, the winningest basketball coach at Dayton, dies at 92
- Republicans debate ahead of runoff for Alabama congressional seat
- Andrei Kuzmenko's hat trick leads Calgary to a 6