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Impact of PSR and other financial rules on ownership
An in-depth analysis of the Premier League’s PSR framework, its enforcement and its influence on club ownership, valuations and financial strategy.
United States | Publication | July 2021
On May 24, 2021, Governor Gretchen Whitmer announced updates to Michigan OSHA’s COVID-19 emergency rules and the Michigan Department of Health and Human Services COVID-19 Gatherings and Face Masks epidemic order, eliminating outdoor capacity limits and increasing indoor social gatherings to 50 percent capacity as of June 1.
Michigan OSHA published its revised COVID-19 emergency rules in accordance with the state’s “Vacc to Normal” plan and other recent health guidelines. In particular, with the state having achieved a 55 percent vaccination threshold, Michigan OSHA has removed the requirement that employers create a “policy prohibiting in-person work for employees to the extent that their work activities can feasibly be completed remotely.”
The emergency rules are set to expire on October 14, 2021, unless rescinded sooner.
Other developments of note:
Publication
An in-depth analysis of the Premier League’s PSR framework, its enforcement and its influence on club ownership, valuations and financial strategy.
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Now in its sixth year, our annual English Premier League (EPL) football report, Keeping Possession, captures insights from our global sports law team on the key trends and topics shaping the landscape of English football.
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Now in its third year, our Global M&A Trends and Risks report, published in partnership with Mergermarket, captures insights from senior dealmakers across the world on the key risks and opportunities shaping mergers and acquisitions (M&A) deal activity in 2025.
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