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Just to endorse bobbyowenquiffs point. Look at the absence of entries in the Share Capital for the istry clubs. Close the door on owner investment, rise to the top on the back of other revenue, slam the door on the plebs. What a perfect model for the Americans amongst others.
Fancy following a model that prevents legitimate owner investment?
Not sure some other posters are correct that the PL are being played but, whichever way you squint at the proposal would be a kick in the balls for our owners who would sensibly seriously look at the benefit of the asset. This said the hypothetical potential sale value of the club has probably taken a massive dive in the last week.
As for a £300m fine for those clubs who might decide to join it sounds a lot but the ££££ potential would probably dwarf this sum. Remember the sweetener in the last Super Lge proposal - the one where certain clubs would benefit from cash for stadia improvements. There would be something similar along these lines here to entice the big-click teams I’m sure.
Its the latest iteration of desperation from Italy and Spain and downright greed from the English istry boys.
Like many others it would probably be the end of Prem footie for me.