The UK tax change that could have an impact for Premier League clubs and the transfer market

Chancellor Rachel Reeves confirmed there would be no change to 'non-dom' plans

Chancellor Rachel Reeves delivers her spring statement (GETTY IMAGES)

As is the norm, there has been plenty going on away from the pitch this past week.

From the reveal of the prize money for this summer’s FIFA Club World Cup competition, where there will be a cool $1billion prize money on offer, with as much as $125million (£97million) on offer to the eventual winner of the competition, to Chelsea co-owner Todd Boehly speaking on the club’s future plans for a new stadium and the potential it has to create a divorce between he and fellow owners Clearlake Capital, it has been a busy period.

Chelsea, as one of the two Premier Leagues who will be heading to the US to compete in the Club World Cup this summer, the other being Manchester City, will be salivating at the thought of success in the competition.

Should they find themselves missing out on the top four in the Premier League again and qualification for the UEFA Champions League, then the Club World Cup will take on a whole new level of significance for the Stamford Bridge club, whose aggressive transfer strategy needs to have some competitive success to back it up soon and bring in the lucrative sums to pay for it all.

In terms of the other developments that have been going on, this week’s newsletter zones in on a tax issue that could end up being impactful for Premier League clubs and their players.

So, what’s it all about?