£48 million for clubs relegated from the Premiership!

Red_in_SE8

Apparently the Football League are considering a ‘take-it-or-leave’ offer from the Premiership whereby clubs relegated from the Premiership receive £48 million over 4 years ; £16 million for the first two seasons and £8 million for the next two. At the moment they get £23.4 million over two seasons. Other Championship clubs will get an average of £2.2 million (they get an average of £830,000 at the moment) depending on where they finish, clubs in League 1 will get £325,000 and clubs in League 2 will get £250,000.

I think that kind of split, after the first 4 or 5 years, will create a chasm between the Championship clubs who have been in the Premiership for at least one season in the previous 5 years and the rest. It will be virtually impossible to win promotion to the Premiership unless you have been there at some point in the previous 5 years.

mascot88

we missed the world by one season.......

sad sad times..... for all our past glory we have missed the chance to become an established English club.......

very depressed...

ThreadKiller

if we'd only taken sir alan up on his offer.....

golfaddick

Just shows we have to get out of this division............and quick!!

£2,2m for being in the Chumps league compared to £325,000 in League one.

mascot88

[quote][cite]Posted By: golfaddick[/cite]Just shows we have to get out of this division............and quick!!

£2,2m for being in the Chumps league compared to £325,000 in League one.[/quote]

thats true... the club is sustainable in the championship...

and then fingers crossed for a genius of manager or a takeover to bundle us into the top league and be RICH again...

ok feeling better, drinking beers.....

pilchard

We missed out on the big tv deal 2007/8. We missed out on the increased revenue to the Championship with the BBC deal 2009/10. We absolutely need to get back this season. Thread Killer is spot on.

somerton

If we do not go up this year and the league accepts the premierships money, then those teams in league 1 and 2 will soon be locked out of promotion as the money accumalates in the premiership and the championship or premiership 2 as it will become. It looks more and more likely that without a sugar daddy with bottomless pockets Charlton will never get back to the premiership. Even are chance of staying in the premiership seems to be getting more difficult maybe impossible if we do not get promoted given the money the current championship clubs have compared to league 1 clubs.

Red_in_SE8

I have been thinking about this some more and I have come to the conclusion that these proposals will not only increase the gap between teams recently relegated from the Premiership and the rest of the Championship. It will also significantly widen the gap between the Championship and League 1.

At the moment when a team wins promotion back to the premiership any parachute money it was due because it was in its first or second season out of the Premiership is added to the pot of money that is shared amongst the rest of the teams in the Championship. This will still happen. Only now instead of maybe £8 or £9 million it will be significantly more. Getting £16 million for two seasons makes it increasingly likely that at least 2 of the relegated clubs will be promoted straight back and the other likely to be promoted back within 2 or 3 years. This means that as much as £48 million, probably more, of parachute money will be available to distribute amongst the Championship clubs each season. That is an extra £2 million per club making the total average received by each Championship club £4.4 million. If the money is distributed based on finishing position I reckon regularly finishing in the top half of the Championship will be worth nearly £10 million a season.

ShootersHillGuru

It's this greed and rationalised unfairness that will ultimately kill football in this country as we know it and further alienate fans. Every season I fall out of love with football just a little more. Good post and summary Red in SE8.