Premier League to keep ability to sell hotels to related companies Sport Business Not enough support was garnered amongst Premier League clubs to hold a vote on changing rules relating to fixed assets. The decision means Premier League clubs like Chelsea will still be able to sell hotels to a company linked to their owners without penalty. The Blues sold two hotels in 2023 and included the generated [...]
Premier League spent over £45m on legal costs in 2023-24 season Sport Business The Premier League spent more than £45m on legal costs over the 2023-24 football season in an effort to fight alleged rule breakers. The body that runs England’s top flight is currently in ongoing disputes having also concluded proceedings on a number of matters across last season. Everton were hit with two separate points deductions [...]
Leicester City deal major blow to Premier League over alleged rules breach Sport Business Leicester City have dealt the Premier League a major blow by winning an appeal against their alleged breach of Profitability and Sustainability Rules (PSRs). The English top flight referred the Foxes, who were promoted to the Premier League at the end of last season, to an independent commission in March for breaching PSR in 2022-23. [...]