Luxury Tax | Today news

ALL POSTS TAGGED "Luxury Tax"

News

/ 69 days ago

Premier League clubs consider axing PSR in favor of luxury tax

Premier League officials are reportedly considering getting rid of financial restrictions now in place. Current Profit and Sustainability Rules (PSR) state that teams cannot exceed $133 million in losses over three years. The law has seen Everton and Nottingham Forest both receive points penalties throughout the current campaign. Other clubs, such as Chelsea and Newcastle, […]

News

/ 69 days ago

Premier League clubs consider axing PSR in favor of luxury tax

Premier League officials are reportedly considering getting rid of financial restrictions now in place. Current Profit and Sustainability Rules (PSR) state that teams cannot exceed $133 million in losses over three years. The law has seen Everton and Nottingham Forest both receive points penalties throughout the current campaign. Other clubs, such as Chelsea and Newcastle, […]

Hybrid between US sport & Euro soccer is games ultimate blueprint

The dismissal of the European Super League symbolized the rejection of the Americanization of European soccer. Essentially, closed leagues are not desirable in the European landscape. Promotion and relegation and the possibility of intercontinental competition makes European soccer special. However, European soccer has a crisis of competitiveness. Realistically, if only a fraction of clubs win […]

General

/ 5586 days ago

Premier League Should Emulate Major League Baseball's Wage Structure

Premier League chief executive Richard Scudamore rejected the notion of a salary cap, suggested by UEFA. "If you say 60% or 50% can be capped on wages, what it really does is absolutely lock in the natural order," he told BBC Radio Five's Sportsweek programme yesterday. "It would help the big clubs far more than […]