Almost everyone with access to the internet would have heard about the BREXIT (Britain-Exit) news. On Thursday, Britain voted to pull out of the European Union, and apart from the fall in Pounds that is bound to happen, the football in England will be greatly affected. The English Premier League is bound to experience the following once the exit takes full effect:
UNDER-AGE SIGNING WILL BE ANNULLED
According to FIFA rules, players not yet up to 18 years old can’t be signed except those within Europe and between 16 and 18 years. With the country having decided to pull out of this, it subsequently makes that rule void except they opt to remain within European Economic Area (EEA). And there isn’t the slightest chance Britain will decide to (re)join the EEA because of a certain rule a majority of national team coaches out of England hate. Youngsters like Fabregas and Bellerin arrived the Emirates at 16, but with the Brexit, it wouldn’t be happening any longer. Good news for the Spanish clubs et al anyways.
TRANSFER PRICES WILL SKYROCKET
The Pounds is the highest currency on earth, but it’s starting to fall against the Euros and Dollars. Before the transfer window ends, the fall would’ve gotten so far that the Euros will rate way higher than the Pounds, making transfer fees cost way more. Normally, these fees are negotiated in Pounds, but with the €/£ exchange rate very likely to move from 0.709 to 0.900 soon, the Euros will take over and EPL clubs will have to pay through their nose to land these big names players henceforth. We are looking at a potential 20+% increase in such fees.
BRITISH PLAYERS OUTSIDE THE EPL WILL BE AFFECTED
Although we’ve got few of them in Spain, Italy and the likes, but the non-EU players restrictions in many leagues will affect clubs decision to sign English players. Madrid for instance will have Bale becoming a non-EU player, and they are allowed to have just 3 (Barcelona have only Mascherano, Neymar and Adriano… Messi and Alves got Spanish passports). This would make such clubs hesitate to land players from England. The country isn’t really active when it comes to football exports though, but they will still feel it.
LIMITATION IN THE SUCCESSFUL SIGNING OF FOREIGN PLAYERS
At least they import players in huge numbers if they don’t export them. That will become extremely difficult with Brexit. Normally, players within Europe can be easily signed as they hold an EU passport, and there wouldn’t be a need for a work permit (always an issue). No more. Except Britain is still allowed to enjoy the freedom of labour movement thingy, we won’t be seeing them have 65% of their playing staff consist of non-English anymore. But at least on the bright side, it gives them a chance to concentrate on more home grown talents.
EU WORK PERMITS ISSUES
To beat the system, most EPL clubs will sign players outside Europe and loan them to other countries with more relaxed work permit processing issues like Belgium, Netherlands, Spain and the likes. In a little time, these (young) players are able to obtain an EU passport easily. But now, it’s a different ball game entirely. England (which is part of Great Britain) is no longer an European nation (in terms of EU, but of course not geographically), and that would be the end of having players from Africa, Asia and South America arrive the EPL easily.