English Premier League champions Manchester City are not allowed to corrupt British football

Money talks in football. An influx of wealthy owners has helped turn England’s Premier League into the world’s most profitable domestic competition.

Chelsea won the title for the first time in 50 years in 2005 after being taken over by Russian billionaire Roman Abramovich. Saudi Arabia’s purchase of Newcastle United in 2021 has propelled them back into Europe’s elite Champions League after a two-decade absence. But the urge to splash could still break the game.

Bloomberg opinion