So the people have now spoken and the UK wants to leave the European Union but what does this mean to West Ham.
In the short term there will be no issues what so ever with player eligibility to stay in the UK. British parliament will need to file a process called article 50 to formally leave the EU and that takes a minimum of two years.
The Premier League is one of UK’s biggest exports and money earners worldwide so the UK Border agency together with the FA and Premier League has two years or more to come up with new regulations to allow the best players in the world including Europe to play in the Premier League.
We won’t see players deported as some scaremongers had previously suggested. I am sure we will see the work permit process simplified.
The dramatic fall of the pound will have the greatest impact in the short term. The pound has reduced sharply against the US dollar by 10% which makes South American transfers more expensive over night. The pound reduced against the Euro by around 6% from 1.30 to the pounds to 1.22 to the pound over night but the Euro fell dramatically against most other currencies too easing the blow.
The current Pound/Euro exchange rate is similar to those experienced in early April this year so shouldn’t have a major impact in buying European players in this summer transfer window.
One small positive outcome from the nation’s decision last night has meant any potential EU investigation over illegal state aid over West Ham’s 99 year rental Olympic stadium deal with the state stadium owners is now null and void.
Campaigners including the Charlton Athletic Supporters Trust amongst others had continued to raise regular complaints to the EU over potential state aid in what they called West Ham’s cheap deal.
Update: The pound has recovered to the US dollar at $1.39 while the Euro has returned to 1.25 to the pound.
That last paragraph made me chuckle lol
Over the moon that we have control of our own borders again , full sovereignty .
Cameron must resign along with the other puppet Osborne ! They are dead men walking !!
Deviouse fire and brimstone liars !!!!
Then again all Tory,s use deviouse means to succeed !!
Anyone got a domino set ???
Luvly Jubly !!!!!!
Oye !!! Merkel .
The goal stands !!!! End of !!!!.
OK so that is the Brexit article out of the way.What I really want to know is have we signed Messi yet? 🙂
I think you could be a star on Wetpants Johnboy,go give them some my son lol 🙂
Wouldn’t waste my breath lemon !!
Its about time we stopped mentioning the tena,s site it sounds like an obsession on here sometimes !!
We have good laughs and banter on here ! Long may it remain , the wet pant thing lately has become boring banta , flogged to death , ?
Matte I hear bubs has bought 50 dingies and some second hand passports from toys r us
Based in Calais ? But you need to bring you’re own puncture outfit ! ( not supplied )
A boat , one paddle , and the passport can be your’s for 1 euro 75 cents , with the exchange rate being great at the moment , invest immediately !
… and now I need a passport… lol 🙂
Well at least you can see the funny side of it & ain’t lecturing us like some foreign experts on Wetpants lol.We are trying to keep you away from our figa Matte 😉
Haha… Nothing can stop me Lemon… 😀
Cor blimey there is some fella on there,a foreign guy who gets right up my nose.He thinks he is an expert on everything while belittling the British.I really am a live & let live chap but he really does annoy me with his supercilious attitude.
Feel better now that’s off my chest,he has really irked me & I’m pretty unflappable usually LOL
Lol… anyway, the result of this referendum doesn’t matter… the important question should have been “Wepantstillidie: in or out the planet earth?” Haha… Just kidding wetties, no panic… lol 😉
Sean you need to learn the difference between the EU and Europe.
We have voted to leave the EU and all the leave voters I know like Europe and have no intention of disengaging with Europe or our European friends. It is the EU they object to not Europe and that is a big, big difference to what you stated at the start of your article.
I am glad that the motherland has abdicated from the E.U.Britain will regain it’s sovereignty and it’s borders.It was a courageous decision but I feel the right one.Now maybe we can put the GREAT back in Great Britain.COYI
Sean, if you edit your article after a comment, in response to that comment, it is only courtesy to acknowledge the fact rather than do it on the quiet and make the commenter look totally abstract.
True acknowledged 😉
GB is in Europe & we are proud to be PART of europe, what we dont want is to be told what we can or can’t do by an unelected muppet master who might have never even been over here ever. We elect our government, that is called democracy. Our country our laws for our people to live by. No more running to the EU on appeal under ‘human rights’
I agree with you all about our great country,
But
Look at the muppets that are in line to run our country,
Just hope our great football game does not now go Backwards
Hope I don’t get thrown out of Spain in 2 years time as an foreigner,
Who do you all want Gove or Boris what a choice good luck
You are as safe as houses bubs ! You own a property just like me and many others ! We didn’t start buying property when we joined the common market / EU ? People have bought abroad from time immoral ! Mainly the rich !!
Crack a Stella mate and enjoy the sun , its you’re castle and no one can remove you.
If they do then well stop their supply of paella !! And flamenco dancers using coconuts as morracas ??