Welcome, Guest: Join Nairaland / LOGIN! / Trending / Recent / New
Stats: 2,716,414 members, 6,421,458 topics. Date: Wednesday, 04 August 2021 at 04:51 PM

Brexit: How The EPL Will Be Affected - European Football (EPL, UEFA, La Liga) - Nairaland

Nairaland Forum / Entertainment / Sports / European Football (EPL, UEFA, La Liga) / Brexit: How The EPL Will Be Affected (43755 Views)

Unbiased Observations From The Opening Weekend Of The EPL. / My Predictions For The Epl/La liga/Ucl 2016/2017 Season / THE EPL FANZONE (thread For All Epl Fans, Haters And Immigrants) (2) (3) (4)

(1) (2) (3) (Reply) (Go Down)

Brexit: How The EPL Will Be Affected by theoneJabulani(m): 9:35am On Jun 24, 2016
11 Ways Brexit Will Impact The Premier League And Soccer Worldwide - Forbes

Britain woke up this morning facing a post Brexit vote hangover of masll take years for the British government to negotiate an exit from the European Union and the transition period will generate a great deal of uncertainty.


The withdrawal of the UK from the European Union will touch almost every facet of British life, soccer included.

Here is a snapshot of how soccer will – or may – be impacted by Thursday’s decision of the British electorate to leave the European Union.

1. From now and until a full negotiated agreement is concluded British teams will be forced to deal with all the risks associated with uncertainty and volatility. This volatility will impact on all facets of operations including players, broadcasters, sponsors and the fan base.

2. The UK pound immediately dropped in value and it could drop more in the coming months. The devaluation means that any British club will have to pay more when quoted a price by a foreign club in any other currency than the pound. It also means that Premier League teams will become “less expensive” to potential foreign owners. By the same token existing foreign owners will see the value of their assets shrink until the pound recovers its pre-vote value.

3. Transfer fees are often staged and the drop in the pound will have a negative impact on finances if the club has not protected itself through some form of currency hedging.

4. The Premier League is about to start a new three-year cycle of broadcast deals. Domestic TV deals with BT and Sky should not be impacted directly. But any foreign deals quoted in currencies other than the UK pound could hurt the Premier League on account of the devaluation of the pound. Conversely any foreign broadcasters that committed to paying in pounds could see a significant saving if the pound remains in the dole drums.

5. Britain is awash with foreign players – both from the EU and others from non-EU countries. Any players that regularly take their earning offshore are going to experience an immediate hit as the pound will be worth less when converted to foreign currencies such as the dollar.

6. The ability for players to move freely at the conclusion of their club contracts has been a fact since the EU ruled such over 20 years ago when it handed down the Bosman rule. The Bosman rule is a European Union law and it would no longer hold sway in Britain. However, in practice, it is difficult to see how the clock could be turned back, EU or no EU.

7. Up until the vote, EU players were free to sign for British teams. Non-EU players, including those from North America, faced a series of tests before qualifying for a work permit. The rules for non-EU players, in the short-term anyway, are unlikely to change.

For EU players it is almost certain that once the transition phase concludes and the UK has fully withdrawn from the EU, these players will be forced into the same process as non-EU players.Some of the initial rhetoric of “players losing their right to play” in the UK is excessive and over the top.

These players will just have to join the other less responsive and less timely line. Whichever process is finally put in place it is unlikely to impact players of great talent and reputation.

However, it will impact the EU players who have yet to prove themselves. An example would be the likes of French player N’Golo Kanté who arrived last summer at Leicester as a largely unknown player. Kanté morphed into a Premier League star as Leicester’s dream season evolved.

Would Manchester United have been able to sign a young Cristiano Ronaldo? In years to come these types of signing may not happen.

8. Premier League clubs spend a lot of money on scouting and recruiting European Union qualified youngsters for their Academy systems. That avenue will rapidly lead to a dead end. Conversely, the Premier League and others may be forced into developing “homegrown” talent, an area that many have accused them of neglecting.

9. British players plying their trade in other European Union leagues are relatively rare. It Nonetheless, British players, managers and coaches will, in the near future, no longer benefit from free movement to EU clubs. Many EU leagues restrict the number of non-EU players.

10. As the transition arrangements are negotiated there may be a temptation for the wealthy Premier League clubs to stockpile EU based players in the hope that they can negotiate a grandfather clause that might allow such players to slip under the work permit wire.


11. Last but not least, expect the words “salary cap” and “Premier League” to become a hot topic. A few months ago the Premier League tweaked and then extended its “short term control measure” for another three years.

The short term measure is essentially a form of a soft salary cap. The short term measure is a carefully crafted mechanism to avoid contravening a core European Union regulation that guarantees the free movement of capital and labor.”Hard” salary caps run afoul of that EU principle.

With such a principle negated the Premier League and other UK leagues could move aggressively to institute hard salary caps.


http://www.forbes.com/sites/bobbymcmahon/2016/06/24/this-week-in-soccer-biz-special-11-ways-brexit-vote-will-impact-premier-league-and-soccer-worldwide/#4f8da5172513

3 Likes

Re: Brexit: How The EPL Will Be Affected by DesChyko(m): 10:05am On Jun 24, 2016
From the business point of view, they will be affected. But in as much as the league goes on as expected, they won't be affected much. If clubs like Monaco, Galatasaray, Shaktar Donetsk etc can rise to prominence periodically, despite not being in top leagues and not being EU members, I see no reason why the EPL will fall overnight.

38 Likes 3 Shares

Re: Brexit: How The EPL Will Be Affected by amiibaby(f): 7:47pm On Jun 24, 2016
Ok
Re: Brexit: How The EPL Will Be Affected by trueavengers: 7:47pm On Jun 24, 2016
PITY BREXIT IS F U C K E D.

4 Likes

Re: Brexit: How The EPL Will Be Affected by timilehing(m): 7:47pm On Jun 24, 2016
Seems Nigeria still has bucket full of hopes.


But why is the £ appreciating against the Naira when it's loosing its value to other currencies undecided

32 Likes 2 Shares

Re: Brexit: How The EPL Will Be Affected by ALAYORMII: 7:48pm On Jun 24, 2016
Brexit is the new keyword for FP now

11 Likes 2 Shares

Re: Brexit: How The EPL Will Be Affected by Flexherbal(m): 7:49pm On Jun 24, 2016
Following

1 Like 1 Share

Re: Brexit: How The EPL Will Be Affected by kobonaire(m): 7:49pm On Jun 24, 2016
Only time will tell. This is just a knee jerk publication by Forbes. UK's exit from the EU will not happen overnight and the EPL will be able to successfully adapt their financial structure/dealings accordingly. There is a reason why they are the #1 most lucrative and followed league in the world despite not having the best football teams.

27 Likes 2 Shares

Re: Brexit: How The EPL Will Be Affected by mysticgal(f): 7:50pm On Jun 24, 2016
I really can't understand this documentary, please help!



Or is it that that Britain is doomed, one way or the other, I can't fit understand angry

8 Likes

Re: Brexit: How The EPL Will Be Affected by martineverest(m): 7:50pm On Jun 24, 2016
expect tougher and hostile ucl draws for english teams.....it wil be very difficult for english teams to win ucl.....arsenal,man city and co will bcome barca .atletico and bayern favourite customers before semis

3 Likes 2 Shares

Re: Brexit: How The EPL Will Be Affected by Endougs(m): 7:52pm On Jun 24, 2016
OK noted
Re: Brexit: How The EPL Will Be Affected by theoneJabulani(m): 7:52pm On Jun 24, 2016
It simply means the likes of Pogba, Ronaldo, Bale will most likely not return to the British shores. The epl might be force to look within for young talent and star signings. We will now see if the EPL is truly the best. Two frontpage topics in on day. WONDERFUL

3 Likes 1 Share

Re: Brexit: How The EPL Will Be Affected by AfricanEfe: 7:53pm On Jun 24, 2016
Noting to say. just feel like writing something
Re: Brexit: How The EPL Will Be Affected by grandstar(m): 7:53pm On Jun 24, 2016
The Brexit was the daftest move Britain has made in decades.

It was simply a vote against immigration and nothing else.

U.K is awash with E.U migrants.

These migrants, up to 3m, are a hardworking lot and do steal jobs from the lazy British kids who take their opportunity for granted.

Truth is that there are enough jobs to go round.

The Brexit will discourage foriegn investment into the U.K.

But a weaker pound may boost manufacturing exports, a sector in which the Brits don't shine much. Their strength is in International finance.

For the Brits to do well from a Brexit, they may need to bribe companies through taX cuts and other breaks.

46 Likes 2 Shares

Re: Brexit: How The EPL Will Be Affected by Nobody: 7:53pm On Jun 24, 2016
Ok
Re: Brexit: How The EPL Will Be Affected by carreport(m): 7:53pm On Jun 24, 2016
What of NaijaBet
Re: Brexit: How The EPL Will Be Affected by sod09(m): 7:54pm On Jun 24, 2016
Fucking english
Re: Brexit: How The EPL Will Be Affected by Nobody: 7:54pm On Jun 24, 2016
Brexit Brexit Brexit, we haff hear.

3 Likes

Re: Brexit: How The EPL Will Be Affected by Nobody: 7:54pm On Jun 24, 2016
Whatever, Britain will pay for the mess they put many nations into......

1 Like

Re: Brexit: How The EPL Will Be Affected by JoSaintiago: 7:55pm On Jun 24, 2016
Ok
Re: Brexit: How The EPL Will Be Affected by baddo11(m): 7:55pm On Jun 24, 2016
Too much theories about this brexit sh*t

1 Like

Re: Brexit: How The EPL Will Be Affected by CACAWA(m): 7:55pm On Jun 24, 2016
Crap article.

1 Like 1 Share

Re: Brexit: How The EPL Will Be Affected by datola: 7:56pm On Jun 24, 2016
Power belongs to the people and not government officials.

2 Likes

Re: Brexit: How The EPL Will Be Affected by Tobium1(m): 7:58pm On Jun 24, 2016
As long as it does not affect de betting odds on de games, I see no cause to worry about de Brexit

3 Likes 1 Share

Re: Brexit: How The EPL Will Be Affected by EMMYLBANKS(m): 7:58pm On Jun 24, 2016
BIAFRA:HOW THE NPL WILL BE AFFECTED_sahara report

3 Likes 1 Share

Re: Brexit: How The EPL Will Be Affected by drizzydrag(m): 7:58pm On Jun 24, 2016
Ejor! Da'Allah! Biko! Can someone explain with our mother's tongue (Lay man's language) wink undecided
Re: Brexit: How The EPL Will Be Affected by vision2050: 7:58pm On Jun 24, 2016
would they still participate in Uefa Champions League?


what is the benefit of this Bretix or na Brexit?
I think the benefit is less than the disadvantage.


economic expert should explain ?

1 Like

Re: Brexit: How The EPL Will Be Affected by Iko5000: 7:58pm On Jun 24, 2016
grandstar:
The Brexit was the daftest move Britain has made in decades.

It was simply a vote against immigration and nothing else.

U.K is awash with E.U migrants.

These migrants, up to 3m, are a hardworking lot and do steal jobs from the lazy British kids who take their opportunity for granted.

Truth is that there are enough jobs to go round.

The Brexit will discourage foriegn investment into the U.K.

But a weaker pound may boost manufacturing exports, a sector in which the Brits don't shine much. Their strength is in International finance.

For the Brits to do well from a Brexit, they may need to bribe companies through taX cuts and other breaks.

Re: Brexit: How The EPL Will Be Affected by richidinho(m): 7:59pm On Jun 24, 2016
T
Re: Brexit: How The EPL Will Be Affected by bqlekan(m): 8:00pm On Jun 24, 2016
Good God! These people just destroyed premier league

2 Likes

(1) (2) (3) (Reply)

Fans Return To The Stadium In France As PSG Win French Cup / Liverpool Vs Manchester United (2 - 0) On 19th January 2020 / Bayern Munich Vs Atletico Madrid : UCL (2 - 1) On 3rd May 2016

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2021 Oluwaseun Osewa. All rights reserved. See How To Advertise. 117
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.