Brexit, a threat to Britain's sporting hegemony? - News Summed Up

Brexit, a threat to Britain's sporting hegemony?


Experts say the uncertainty created by Britain's probable EU exit could undermine the multi-billion-dollar Premier League and Formula One. Premier League clubs are now on a different level financially - 13 English clubs are among the 30 generating the highest profits, according to a report by Deloitte this year. "Brexit has come at a bad time for the Premier League," Chadwick said, pointing out that Spain's La Liga and the German Bundesliga have made strides in recent years. Premier League TV revenues are still far ahead of any other league, but they did stagnate for the 2019-2022 period. "The staple for the Premier League has been media rights.


Source: Daily Nation March 26, 2019 03:33 UTC



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