Current location:opinions >>
English Premier League takes another step toward introducing a spending cap
opinions5People 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.“Stellar Sphere news portal”。http://chile.downmusic.org/news-82e699283.html
Related articles
Supreme Court declines to hear challenge to Maryland ban on rifles known as assault weapons
opinionsWASHINGTON (AP) — The Supreme Court on Monday declined, for now, to hear a challenge to a Maryland l ...
【opinions】
Read moreSymposium on compilation of Xi Jinping's financial discourses held in Beijing
opinionsA symposium on the compilation of excerpts from discourses on China's financial sector by Xi Jin ...
【opinions】
Read moreMainland's Taiwan affairs official meets Taiwan business people
opinionsSong Tao, a senior Taiwan affairs official of the Chinese mainland, met with a delegation of Taiwan ...
【opinions】
Read more
Popular articles
- Elon Musk gets approval from FDA to implant his Neuralink brain chip into a second patient
- Israeli tanks have rolled into Rafah. What does this mean for the Palestinians sheltering there?
- Draft to tighten anti
- 2 killed, 21 injured in southwest China attack
- Supreme Court declines to hear challenge to Maryland ban on rifles known as assault weapons
- Chinese, French experts seek multilateral future at global governance forum
Latest articles
Fresh heartache for cancer
China moves to improve critical care medical services
Met Gala 2024: Iris Law commands attention in a racy sheer black Versace dress and wet
The Olympic torch is being welcomed in French port city of Marseille with fanfare and high security
Mystery artist who erected signs comparing pothole
Xi chairs symposium on boosting development of China's western region in new era
LINKS
- Juvenile murder case in North China shines spotlight on school bullying
- Shanghai real estate company faces $1.2 mln fines for multiple violations
- World Insights: NATO's meddling in Asia
- Xi Meets Chinese Diplomatic Envoys
- UN urges trillions in investments to salvage global goals
- China's home
- Japan hosts G7 foreign ministers' meeting amid protests
- Convention on the Law of the Sea more relevant than ever: UN chief
- Xi, Biden Exchange Congratulations on 45th Anniversary of Diplomatic Ties
- U.S. Summit for Democracy fans flame of confrontation to tumultuate world