Team section
The premier league is a competition founded by the
football association of England. It was founded in the year 1992. The football
clubs broke away from the first division football to take advantage of a
lucrative television rights deal. The competition has begun to transform the
league into a business venture in the year 1994. The target of the applicants
was to maximize revenue so that the clubs and players participants of the
competition could be paid exceptionally well. In termsharksavewriters.com/the-centennial-civic-center-complexs of ownership, the
premier league operates as a private labeled company owned by the 20 member clubs
who make up the league before the start of the season at a particular time. The
legislation of the English premier league follows the legislations of English
FA, UEFA, and FIFA are subject to English and European law.
Industry section
The league receives a lot of competition from the
industry. In terms of revenue, other leagues also market television rights,
thereby making the premier league receive a lot of financial for competitions.
However, the most competitive leagues that share spoils with the premier league
are Laliga. Laliga is the Spanish football top’s division, which operates at
an estimated revenue of $4.3B. Another competitor within the industry is UEFA.
UEFA is a competition that involves all the top clubs. The UEFA poses a lot of
economic competition. In terms of the economic impact, the EPL is a significant contributor to the English economy not only through employment but also
through the provision of human resource employment. Having been an economic contribution, the EPL is affected by economic swerves like BREXIT. BREXIT is a financial
decision, limits the number of foreign employees that can work in the premier
league as a private limited company. Most of these workers are players who play
for different teams. As explained, EPL receives competition from the industry
and an economic decision made in the country.
Special circumstances
The exceptional circumstance affecting the premier league as a company is the
ownership of clubs. When the league was formed ownership was limited to local
businessmen. International business men own these footbal clubs nowadays. For
example Manchester City is owned by the ruling family of Abu Dhabi. The problem
with international ownership is that the businessmen interests extend beyond
maintaining a sinecure within the Football Association. The clubs have