Britain is currently in a state of shock after the public voted to leave the European Union.
The vote - won by a 51.9 per cent majority to leave - has already seen drastic changes with David Cameron announcing he will step down as Prime Minister and the British pound falling 11 per cent agains the dollar; its lowest level against since 1985.
The vote will also have a big impact on the Premier League. Chief executive Richard Scudamore revealed his concerns that a Brexit vote will hurt the league’s ability to protect intellectual property rights, while a weak sterling will increase the prices of overseas players.
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Goal conducted an investigation into the affects of a Brexit vote and found that, as an example of how the European football landscape will look when the process of Britain's exit is finalised, English sides will now have to pay £30 million more to sign Paul Pogba.
Juventus are reportedly demanding £113.4m for the Frenchman. If the euro to pound exchange rate moves from 0.709 (it’s rate at the end of June 2015) to 0.900 as a result of the Brexit, which it easily could, then Pogba’s value to Premier League sides will increase to £144m.
It will take years for the process of leaving the EU to be finalised, so Manchester United, who are linked with the 22-year-old, won’t be required to pay a higher fee just yet.
But it’s an example of just how the Brexit vote will change the football landscape across Europe.
Will the Premier League become weaker as a result of Brexit? Let us know in the comments section below!
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