British football may suffer in transfer dealings after Brexit
Sports expert Simon Chadwick says transfer fees and wages for top European players will rise
- Players could have to deal with the wranglings of work permits and choose to go elsewhere
- Premier League says it will continue to have strong global and domestic appeal
British football clubs could be set to suffer in the transfer market after the Leave vote in yesterday's EU referendum.
The so-called Brexit passed by with 52% of Britons voting in favour of leaving the European Union.
A high percentage of those footballers plying their trade in the English Premier League are from European countries and while the players that are already here may not be adversely affected, it could become difficult to attract global stars to the league in the current political standpoint.
Accoridng to Simon Chadwick, professor of sports enterprise at Salford University, "Clubs could suddenly find players are much more expensive because the pound is worth less," he told BBC Sport.
Wages, events and the Premier League brand could also be caused problems in the wake of Brexit Chadwick argues.
"Our sport for several decades has been underpinned by European Union legislation. We are going to have to think about new rules and new ways of doing things through a period of uncertainty and I think incredible instability, and that could last anything up to five, possibly 10 years." he said.
Players could be more reluctant to move to clubs in the UK
"The most immediate impact in the short term will be upon this transfer window. What we've seen over the last few hours is the pound plummeting in value by as much as 10% at certain stages."
Players could be more reluctant to move to clubs in the UK if the value of their potential salaries has fallen, added Chadwick.
However, the Premier League said it would continue to be a "hugely successful sporting competition that has strong domestic and global appeal" regardless of the referendum result.
"Given the uncertain nature of what the political and regulatory landscape might be following the 'Leave' vote, there is little point second guessing the implications until there is greater clarity," a spokesman said.
"There is little point second guessing the implications until there is greater clarity," Premier League spokesman
"Clearly, we will continue to work with Government and other bodies whatever the outcome of any process."
Chairman of the Football Association Greg Dyke was more forthcoming than his Premier League counterparts over how much of an effect the vote could have on English football prospects.
"It would be a shame if some of the great European players can't come here but I don't think that will happen. Whether the total number reduces will depend on the terms of the exit," he said.
"My personal view has always been that the decline in the number of English players in Premier League first teams - we're down to about 30% now - is a shame. If it increases the number of English players, that is to be welcomed. But you don't want to lose the best European players coming here."