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UK Soccer Players Abandon Pound, Demand Payment In Euros
Leading English Premier League football (soccer) stars are demanding to be paid in euros because of the weak value of the Pound, according to Manchester United, the wealthiest club in world football. As The FT reports, speaking at the KPMG Football Benchmark event in London on Wednesday. Cliff Baty, the English Premier League side’s chief financial officer said that last summer’s Brexit vote, which led to a sharp drop in the pound against the euro, had complicated the transfers of big-name players. “It was a bit difficult last year when we were trying to make signings and you had players questioning the value ... (full story)
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