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Premier League reacts to Brexit
Dimitri Payet is another prime example.
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Namely, what could Brexit mean for football in the UK?
The Daily Mail takes a look at some of the effects of Brexit on sport in the UK. The precise percentage depends on their country’s Federation Internationale de Football Association ranking.
Britain’s decision to remove itself from the continental bloc means work permits will be required for European footballers if the freedom to move and work between member nations supplied under the EU is no longer applicable after exit negotiations.
Looking at the top two divisions in England and Scotland that figure rises to 332 players.
The applicant club must be in membership of the Premier League or Football League.
In the light of Brexit, would it also echo through Britain, especially in the cocooned-with-cash bubble that the Premier League is?
‘But is could also be that it actually reduces the price of European players because of all the bureaucracy involved’. Now 62 per cent of players in EPL are not English.
Article 19 of the FIFA Regulations, concerning the Status and Transfer of Players, permits the ‘transfers of minors between the age of 16 and 18 within the European Union or EEA [European Economic Area]’.
For U.K. clubs, a player that was valued before Brexit by the Euro would now cost more. This means that the likes of N’Golo Kante, Dimitri Payet and Antony Martial would not have qualified for a work permit a year ago.
For instance, West Ham’s €40 million (S$60 million) offer to buy Marseille’s Michy Batshuayi was worth £31 million on Thursday, but now already equates to more than £34 million.
Leicester City after winning the 2015-16 Premier League at King Power Stadium in Leicester, England on May 7, 2016.
With the decrease in new blood coming from foreign soil, British players would become far more highly sought after.
But Vote Leave spokesman Robert Oxley saying: “EU rules hurt both our ability to develop homegrown talent and restrict access to the global talent pool”. Good news for the Spanish clubs et al anyways. The argument is that if those European Union players weren’t present, the value of the broadcast rights would be fall significantly.
Younger European players are likely to be more hard to attract, while the issues over work permits in general will need to be addressed.
While England themselves were utterly forgettable, England-based players have dominated the tournament, racking up a combined 26,704 minutes – more than the next two nations (Germany with 11,947 and Italy with 11,563) combined.
Right now, membership in the EU or its looser cousin the European Economic Area (EEA), commits a country to four “pillars”, one of which is the free movement of labour.
Brexit, as the move is known, may lead to stricter work eligibility restrictions for worldwide players.
The Pounds is the highest currency on earth, but it’s starting to fall against the Euros and Dollars. This would nearly certainly change, and that could be one of the biggest changes. Talent should be spread around more teams.
The next Ryder Cup is set to take place at Hazeltine in September, but the European Tour insist there will be no change to tradition.
“One of my concerns in my period as chairman has been the decline in the opportunities for kids at the bigger clubs to get through and into the first team – very few make it”, he said.
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In conclusion, Thursday’s vote will have a huge impact on the United Kingdom – economically, politically and culturally – but the results of the referendum will also influence the future of the Premier League and probably the England national team.