Although Richard Scudamore, the Premier League executive chairman, spoke strongly in favour of Remain before the Vote,
the organisation issued a defiant statement on Friday. “The Premier
League is a hugely successful sporting competition that has strong
domestic and global appeal,” it said. “This will continue to be the case
regardless of the referendum result.” There are two short-term
consequences for Premier League clubs. First that the plunging value of
the pound will make any prospective signings from European clubs up to
10 per cent more expensive. Second, that the price of English players
will continue to soar. “If UK talent is easier to employ then the
premium on UK footballers will only rise simply because it is easier to
sign those players,” Geey said.
In the long-term, like with much else in the UK, there is a thick fog of ambiguity.
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