STOP parachute payments NOW

Cardiffdaffs said:
The other idea to insert a clause in players contracts that if relegated they forfeit the contract. Unfortunately if that happened the smaller clubs wouldn’t be able to sign the players and a greater gap would grow between the top half and bottom half.
Click to expand...

It's all well and good saying you should insert relegation clauses, but what player isn't going to accept the fully guaranteed contract over the one with relegation clauses? It's one of the key features that makes one contract more attractive than another.

You might as well try offering a lower basic salary than your competitors than trying to get a player to sign a contract with relegation clauses.
 
Cardiffdaffs said:
It’s all about managing a budget at the end of the day and making sure if relegation threatens a club then the board can react without decimating the side. On our last relegation in 2017 I note we didn’t complain when we got 3 years PPS
Click to expand...
I think we got 2 yrs PP , but yes, that’s true. Easy to complain about them when you’re not getting them!
 
Frozen Horse said:
It's all well and good saying you should insert relegation clauses, but what player isn't going to accept the fully guaranteed contract over the one with relegation clauses? It's one of the key features that makes one contract more attractive than another.

You might as well try offering a lower basic salary than your competitors than trying to get a player to sign a contract with relegation clauses.
Click to expand...
Which was exactly the point I was making
 
Cardiffdaffs said:
Burnley have been in the PL for 5 consecutive seasons.
Click to expand...
That makes me wonder. Are the PP paid at a flat rate, regardless of PL wage commitments ? If so, given that Burnley’s wages are likely to be less than most, if relegated they will stand to make a ‘profit’ on the parachute payments. Seems to be so many inequalities in the system as it stands now.
 
HundredRoom said:
But why are parachute payments made ? It gives those 3 teams a massive advantage over the rest of the league and is responsible for the existence of the yoyo clubs like Norwich WBA Fulham etc.
Click to expand...
They were introduced to stop a firesale of players and financial problems for relegated teams. Without it, any lowly prem team trying to invest and move up the league are risking financial meltdown if they fail.

I'd like to see Parachute payments made on request, not automatic. BUT for every 3m requested a point will be deducted from their total.

So relegated clubs will not be forced to sell players cheap to survive, but will be incentivised to downsize to align with their new championship status.

At the moment those clubs get their cake and eat it and that's causing integrity issues as we see the championship top 6 dominated by parachute clubs once again
 
Red_is_best said:
That makes me wonder. Are the PP paid at a flat rate, regardless of PL wage commitments ? If so, given that Burnley’s wages are likely to be less than most, if relegated they will stand to make a ‘profit’ on the parachute payments. Seems to be so many inequalities in the system as it stands now.
Click to expand...
Are you sure we didn’t get 3 years PP?

Relegated clubs receive 55 per cent of the equal share of broadcast revenue paid to Premier League clubs in the first year after relegation, 45 per cent the following year and 20 per cent in year three. It’s a standard equal payment to the three relegated clubs.
 
Cardiffdaffs said:
Are you sure we didn’t get 3 years PP?

Relegated clubs receive 55 per cent of the equal share of broadcast revenue paid to Premier League clubs in the first year after relegation, 45 per cent the following year and 20 per cent in year three. It’s a standard equal payment to the three relegated clubs.
Click to expand...
No, I’m absolutely not! 😏
 
BoroMart said:
They were introduced to stop a firesale of players and financial problems for relegated teams. Without it, any lowly prem team trying to invest and move up the league are risking financial meltdown if they fail.

I'd like to see Parachute payments made on request, not automatic. BUT for every 3m requested a point will be deducted from their total.

So relegated clubs will not be forced to sell players cheap to survive, but will be incentivised to downsize to align with their new championship status.

At the moment those clubs get their cake and eat it and that's causing integrity issues as we see the championship top 6 dominated by parachute clubs once againn
Click to expand...
Agreed the top two are going straight back up again Luton, Forest and Huddersfield have managed to force themselves ahead of West Brom and Sheff U who are receiving them. I have no doubt Norwich and Watford will be up there again next season.
 
Cardiffdaffs said:
So you have two or three premier league teams bidding for a player. At the start of the season One say is Leicester or Southampton, the other is Fulham or Brentford. Who does the player choose in that scenario? His agent will warn him to choose the Club least likely to be involved in a relegation scrap if he doesn’t want his remuneration cut. It’s a game controlled by players and agents. The parachute payments are designed to support the players as well as the Clubs.
Click to expand...
As I said, make it standard. A league rule to include them. Fulham can still offer more than Leicester if they want. If the player is any good they can leave after relegation. There's no guarantee in football. Everton players will have thought they'd be guaranteed to be playing PL football next season at the start of this but they are going to finish behind Brentford.
 
Nano said:
As I said, make it standard. A league rule to include them. Fulham can still offer more than Leicester if they want. If the player is any good they can leave after relegation. There's no guarantee in football. Everton players will have thought they'd be guaranteed to be playing PL football next season at the start of this but they are going to finish behind Brentford.
Click to expand...

If that's done across the PL, you'll see more players choosing to stay in Spain and Germany.
 
Btw they changed the rules the year we were promoted so that you had to have 2 consecutive years in the prem to be eligible for the full amount.

As a result of our car crash of a season we ended up with lesser deal.


The concept was first introduced during the 2006-07 season and later overhauled from the 2016-17 season on.

Initially, parachute payments were distributed over the course of four years, but the 2015 change reduced that time period to three years and just two in the case of teams that spent just one season in the Premier League.

Parachute payments work in tandem with solidarity payments, with an overall value of £100m, which are distributed among all other English Football League clubs each season.

The solidarity payments are intended to offset the potential for competitive disparity between clubs that could arise out of parachute payments.
 
Aren't we missing the main point here? A footballer getting paid every week what a thoracic surgeon gets paid yearly. Is this not a tory abomination?
 
HundredRoom said:
During the scandal over Burnley its often been cited that Burnley would have a much bigger budget and hence more attractive than us due to parachute payments.
But why are parachute payments made ? It gives those 3 teams a massive advantage over the rest of the league and is responsible for the existence of the yoyo clubs like Norwich WBA Fulham etc.

How can we have FFP and at the same time have 3 clubs in the same league with many 10's of millions more than the rest for more than (3 years ?) upsetting the whole balance of the league.

The parachute clubs are no longer live on sky and all that goes with it advertising revenue etc. What make them deserve all this extra cash.

If under these conditions you cant bounce straight back something is very wrong (cough cough!).

I really don't know the reasoning behind these payments unless it was so stupid contracts could be signed with mercenary players so they would still get their silly wages after relegation , but we all know they just b***r off anyway.
I say STOP parachute payments NOW and make the championship a level playing field for all
Click to expand...
The payments should be replaced by prize money for the promoted sides, so they stand a chance. But how would the transition period work; it's tricky.
 
Without parachute payments football club's owners would have to be more fiscally responsible. Not a problem for me.

I'd like to see an amount set on club spending which isn't based on income, the projected income of the least wealthy club.

If we're going to continue with I ternational football then you play for the country you play your league football in.
 
The_Lizards_Jumpers said:
But if you DIDNT have parachute payments, then you'd get very few clubs willing to splash the cash to compete in the PL for fear of being saddled with large contracts on players they've had to pay millions for, and thus it makes the PL a much less desirable "product" for broadcasters.

I agree with much of what you've written, but equally without them you'd rarely have clubs able to establish themselves in the PL
Click to expand...
Instead of parachute payments all playing contracts should contain a relegation clause that would see salary fall by the equivalent % drop in income.
 
You must log in or register to reply here.
Back
Top