Donald John Trump (born June 14, 1946) is the 45th and current president of the United States. Before entering politics, he was a businessman and television personality. Trump was born and raised in the New York City borough of Queens, and received a bachelor's degree in economics from the Wharton School. He took charge of his family's real-estate business in 1971, renamed it The Trump Organization, and expanded its operations from Queens and Brooklyn into Manhattan.
The company built or renovated skyscrapers, hotels, casinos, and golf courses. Trump later started various side ventures, mostly by licensing his name. He owned the Miss Universe and Miss USA beauty pageants from 1996 to 2015, and produced and hosted The Apprentice, a reality television show, from 2003 to 2015. Forbes estimates his net worth to be $3.1 billion.
The Premier League will trial new finance rules next season that will “shadow” the current Profit & Sustainability Rule [PSR].
The new legislation will be non-binding, with clubs - including Manchester United and Man City - still beholden to present PSR rules.
The new alternative measures being trialled contain two new facets: Squad Cost Rules (SCR); and Top to Bottom Anchoring Rules (TBA).
SCR will limit a club's on-pitch spend to 85% of a club's revenue while TBA will regulate football costs in an anchoring system that see the implementation of a spending cap valued at “a multiple” of the bottom club’s distribution money.
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