| dc.description.abstract | In this thesis, we have studied how the situation around Brexit will affect the English Premier League (EPL). Surrounding the situation, there are many factors that could be affected. Therefore, in this thesis the main focus will be on competition among clubs, labor market for the players and player salary. In which creates three underlying research questions.
1. How will the labor market for players change in EPL after Brexit?
2. How would the wage determination of players change after Brexit?
3. How will the competition between clubs be affected after Brexit?
It provides a review of theoretical concepts that’s relevant for the topic and uses a theoretical study to provide the analysis with an economic model. It finds that, under certain assumptions that’s different in foreign players pool and in player’s salary, for both foreign and domestic players would change. Undertake by the certain assumptions, the model that we have developed contains some limitations. Such as, the exact number of foreign players, how much the wage will change and that the players are valued equally by quality and ability. The situation regarding Brexit and EPL is still an ongoing process, but it’s delayed due to Covid-19, and nothing is given. Therefore, the thesis only considers a little fraction of the effect of Brexit on EPL. It concludes, for a more precisely analysis of Brexit affecting EPL, an agreement between the EU and the UK needs to be finalized and also including other variables to the model for a more accurate picture of the real-world event. | en_US |
