Brexit continues to be a major talking point in UK politics.
But how would the UK’s complete withdrawal from the European Union affect the Premier League?
The study, aptly named Brexit Effect by Free Super Tips, reveals the impact clubs would face if a ‘Hard Brexit’ was in place and freedom of movement was restricted, forcing the clubs to stop buying players from EU member states.
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An incredible £725million in tax from Premier League players would have disappeared from UK shores, if Brexit had hit after the vote on June 23, 2016 and the league been forced to manage without EU players.
The research looks at wages, transfers and results without EU players and what this would mean to the UK economy in this scenario.
Chelsea are the Premier League’s biggest contributors to the economy with largest wages for EU players, the club’s EU-based squad have been taxed £99.2m since the start of the 2016/17 season.
The Blues are followed by Manchester United in second with £74.9m, Manchester City with £70.7m, Arsenal (£53.1m) and Southampton (£48.5m).
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Chelsea’s reliance on EU-based players has seen them taxed £99.2m since the start of the 2016/17 season
Although the majority of the most-taxed EU players come from the top six clubs, this season throws up a few interesting findings with Everton̢۪s tax bill the highest for EU squad members.
PREMIER LEAGUE TAX BILLS FOR EU PLAYERS
These are the sides who would pay the most tax...
- Everton – £37.3million
- Chelsea – £32.1million
- Brighton and Hove Albion – £30million
- Manchester City – £29.4million
- Newcastle United – £12.2 million
Brexit’s impact would also be heavily felt in the transfer market with Premier League clubs spending more than £2.1bn on players from EU countries over the last three seasons.
Once again, it’s Chelsea who will feel the greatest impact from a hard Brexit with the Blues banking £290.5m, with City the second-highest spending club having an extra £280.5m, followed by Man United (£235m), Everton (£158.4m) and Arsenal (£155.9m).
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