Premier League Brexit: Changes Looming Over English Top Flight

English football faces uncertain times due to Premier League Brexit, despite assurances from the league’s spokesperson.

Keith Harris, an investment banker, highlighted how the footballing landscape in the Premier League could have been drastically different for a number of clubs had they not had the chance to bring in overseas players to their respective sides.

“It was a shock result. There are four players that we can reflect on and impact that had on their clubs last year, who may not have been able to come in,” said Harris in reference to the Premier League Brexit. ”Kante, who had a huge impact at Leicester, Martial at Manchester United, Lukaku at Everton and Payet at West Ham. I wonder how attractive the Premier League would have been and how well those clubs would have done without those specific players, and that’s the kind of thing we are now speculating about.”

After the majority of the voters decided for the Leave campaign that also immediately signaled the Premier League Brexit, Harris stressed that the price of assets in England will see a high number of foreign investor benefit from the fluctuation in commodities. “If you’re thinking of buying an asset in this country, then it’s just cost a foreign investor overnight about 10 per cent less and that’s attractive if they have confidence in the long-term future.”

“We all knew an out vote would take two years to unravel,” commented the financial expert, before describing how prices fare to certain different shocks in the global economy. “Gravity is a strong force in financial markets so when there is a shock, markets fall very steeply and take a while to climb back and that’s what we’re going to be seeing now. We’re going to be trading water.”

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The Premier League issued a statement whereby they admit the footballing landscape in England faces uncertainty in the coming years, however they are confident the league will nonetheless maintain its “global appeal” and remain competitive regardless of the “Leave” vote.

“The Premier League is a hugely successful sporting competition that has strong domestic and global appeal. This will continue to be the case regardless of the referendum result. Given the uncertain nature of what political and regulatory landscape might be following the “Leave” vote, there is little point second guessing the implications until there is greater clarity.”

“Clearly, we will continue to work with Government and other bodies whatever the outcome of any process,” read the statement.

Foreign players like Dimitri Payet will face more rigorous procedures before getting their chance of playing the Premier League with Premier League Brexit
(Image credit: 90min)

Despite there being obvious ramifications to importing talent from the continent in the future, Brexit could actually help strengthen the core of domestic players. With the ever-growing contingent of foreign stars in the Premier League, this might serve as an opportunity for British players to emerge onto the scene far more often than ever before.

With the high possibility of increased bureaucracy of signing news players due to the Premier League Brexit, clubs (especially smaller sides) could be inclined to look at players they’ve got lined up in their own back yard, instead of searching overseas for new recruits.

Bet on UK’s next party leaders with online sportsbook Bet365.

Boris Johnson, the Mayor of London, is the favourite to become the next permanent party leader of the Conservatives 1.57 (4/7), while Theresa May is second in the running with odds of 3.50 (5/2). Michael Gove is third favourite 7.00 (6/1), while Andrea Leadsom 13.00 (12/1) and Stephen Crabb 15.00 (14/1) are heavy underdogs to become the next permanent leaders of the Conservatives.

The favourite to become the next head of the Labour Party is Dan Jarvis 5.50 (9/2), although things may still until David Cameron officially steps down by October this year. Lisa Nandy and Chuka Umunna both have odds of 7.00 (6/1), while Hilary Benn and John McDonell are behind them on the runners list with slightly smaller chances, each being 8.00 (7/1). Tom Watson is the sixth favourite 9.00 (8/1) to be elected the next Labour boss.

When it comes to UK’s General Election (May 7, 2020), the Conservatives are the leading party by a landslide 1.33 (1/3), per online sportsbook odds. Labour is second 3.40 (12/5), UKIP are big underdogs 34.00 (33/1), while the Liberal Democrats 101.00 (100/1) and the Greens 201 (200/1) are massive outsiders.