No deal has yet been agreed on the terms under which the United Kingdom will leave the European Union, leading to uncertainty among British businesses.
Despite its international profile, the Premier League is no different, particularly with so much of its success across the globe based on its cosmopolitan collection of players, coaches and owners.The value of the British pound has plunged since the referendum result in 2016, making transfer fees paid to European competitors much more expensive.
"The Premier League is essentially the hub for a constellation of star brands," Simon Chadwick, professor of sports enterprise at Salford University, told AFP. Were these restrictions applied across the board, marquee signings would not be stopped. However, in the ever more competitive transfer market British clubs could be robbed of the opportunity to find hidden gems at the lower end of the market.
FIFA bans all overseas transfers for under-18s but makes an exception for movement within the EEA, which has allowed players such as Cesc Fabregas and Paul Pogba to move to England as 16-year-olds.Despite lucrative overseas TV deals, the success of the Premier League is linked closely to the performance of the British economy.
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