End of parachute payments

Many of the owners in the Championship, including our own, want rid of parachute payments, so it's not just an attempt by the top flight to create a closed shop.
 
TeaCider said:
Many of those players were sold for very similar prices to what we paid for them for in the first place, which has to be taken in to account.
We paid £12m for De Roon, £9m for Rhodes, so that's only £2m of profit there.

We didn't sell Ramirez for £9m either, it was around £5m, which is still a profit but I'm sure there'd have been some sort of financial bung to Peranol to cancel that pre-contract

Those two benefits of parachute payments would still be there in a situation where they were only allowed to be put towards covering pre-existing contracts.

There's a financial paper trail for everything, some clubs would try obfuscate it, but I'm sure it could be done.
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Of course, we weren't making much in the way of profit on those players. However, the fees we paid to bring them here were covered by the £100 million or so we got for being in the PL for one season, not out of the parachute payments.

As for Ramirez, the figure widely quoted at the time was £9.85 million, but I accept reporting of fees (outgoing and incoming) is an impricise business these days.
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TeaCider said:
Many of the owners in the Championship, including our own, want rid of parachute payments, so it's not just an attempt by the top flight to create a closed shop.
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I don't think I've heard of any Championship chairmen wanting rid of them. They grumble about it, and rightly point out that it creates a degree of unfairness. However, I don't think I've read anyone saying they want them scrapped: that's because they know that they will need them if they're ever to have any PL aspirations.
 
Cant see the greedy Sheiks, Russians, Chinese and Yanky bankers and billionaire owners giving a tom titt about any other football in the UK, other than their privileged bubble. "Parachute payments" are an acknowledgement that relegated clubs face potential bankruptcy - because they`ve forked out huge sums on player salaries and failed to stay up. It also gives them an advantage over all the other Championship clubs. Why should we agree to this iniquitous situation?

Perhaps if clubs negotiated contracts where relegated players receive a % cut to immediately bring them in to line with average Championship salaries?

There would be a mass exit of over-paid players - and a new realism would hopefully take over?
Sky and the Premiership have ruined our game and done nothing to support "The 72".
We`ve had the nakedly brazen attempt to form a "Super League" and it would be no surprise if the top clubs decided to do an ELO and "lift off".

Let them get on with it: lets bring the National League into our Football League and create 4 divisions [Sound a good idea?] Call the Championship "the Championship" if you like - let the Premier League have their own "Cup" competiton (s). If teams like Man Utd and the like want to clear off on a South American tour - they can clear off and get lost.

Money in English Football is concentrated in few hands, so doing without the bloated baby - wont make finace for the rest of us any worse. Renegotiate football broadcasting, including Cup games - and allow clubs to have a controlling say in the times and dates of televised games. No more Sunday 12 noon kick-offs against Swansea in South Wales!

The relationship between broadcasters and the clubs needs to be thought out - Someone in Europe or around the world can watch an English game for nowt, whilst we in this country cant! Thats not fair - its all about money!

The franchise agreements, where companies compete for contracts, also needs to be torn - up: Talksport and its ilk need to have the number of live "72" games capped each season - and not have exclusive rights. If they want to become "Talk Premier League Radio" then good luck to them.

There are numerous possibilities and it will take some time to unravell - with existing contracts, etc, etc.

OK, so this isnt straight-forward and it will take the FA and EFL having the balls to stop licking the backside of the Premiership owners and Murdoch`s Sky Sports. It may seem a piped dream - but we had football before Sky. This is not to suggest a return to those times - because technology and footi has moved on. But the separation between the Premiership and the 72 has been coming for a long time. Lets pre-empt the inevitable and make our football a more "level playing - field".

 
Frozen Horse said:
I don't think I've heard of any Championship chairmen wanting rid of them. They grumble about it, and rightly point out that it creates a degree of unfairness. However, I don't think I've read anyone saying they want them scrapped: that's because they know that they will need them if they're ever to have any PL aspirations.
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Steve Gibson publicly backed Project Big Picture which would have removed parachute payments and enforced a hard wage cap on the EFL.
It would also have scrapped the League Cup and given the Premier League clubs more power than they currently have.
 
They aren't going to get rid of promotion and relegation. You saw the kerfuffle kicked up by the superleague and how fast they backed out of it.
Agreements on wage caps and wage reductions aren't going to get past the PFA. We've already seen the league 1/2 wage cap thrown out.
I forsee some kind of premier league 2. Championship reduced to 20 clubs. Money more evenly shared between the top 2 divisions. Reserve sides in leagues one and two which join with the conference and become regional.
 
Sheriff_John_Bunnell_ret said:
They aren't going to get rid of promotion and relegation. You saw the kerfuffle kicked up by the superleague and how fast they backed out of it.
Agreements on wage caps and wage reductions aren't going to get past the PFA. We've already seen the league 1/2 wage cap thrown out.
I forsee some kind of premier league 2. Championship reduced to 20 clubs. Money more evenly shared between the top 2 divisions. Reserve sides in leagues one and two which join with the conference and become regional.
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agreed.....but it's a hell of a backwards step for our national game, I mean how degrading will it be for lower league clubs like Sunderland, and Ipswich finishing below Chelsea reserves in League One
 
Sheriff_John_Bunnell_ret said:
They aren't going to get rid of promotion and relegation. You saw the kerfuffle kicked up by the superleague and how fast they backed out of it.
Agreements on wage caps and wage reductions aren't going to get past the PFA. We've already seen the league 1/2 wage cap thrown out.
I forsee some kind of premier league 2. Championship reduced to 20 clubs. Money more evenly shared between the top 2 divisions. Reserve sides in leagues one and two which join with the conference and become regional.
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Foreign owners especially American ones don’t do relegation though so that’s the back ground they have.
 
Let's have it right. The only managers and chairman who moan about them are ones who ain't getting them😂

I doubt they would be so vocal if promoted and then relegated from the prem.
 
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