Parachute payments increased again
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15 million a season for 4 years just for getting relegated......................it will all end in tears.0
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I have the detailed breakdown of the current deal, and will be writing an article on it for the next Trust News.
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It did not seem to do last year's relegated teams much good.
Most of the money seems to go on continuing to pay those players who were not motivated/good enough to keep you in the Premiership, rather than on building a good promotion challenging side.0 -
two words - relegation clause...
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Surely the office of fair trading should be involved. How is the championship a fair marketplace when an outside agency (the premier league in this case) is massively distorting said marketplace?
Saying that, there are a lot of things in football that I can't believe are legal. First on the list has to be transfer windows. How is that not restraint of trade? Say you're a club on the verge of bankruptcy, you have plenty of assets to sell (players), but it's March, so you're out of luck. It's only a matter of time before a club in dire straights is going to go to court to force through player sales outside of the windows.0 -
Lunacy - not only will it create an unlevel playing field giving relegated teams even more of an unfair advantage but will encurage teams to go heavily into debt to "chase the dream" of premiership football.
For example Cardiff's running debt is currently at £83m and they added £13.5m to it in the last financial year. Suppose by some miracle they failed to get promoted this season - if they couldn't service the repayments next season on CCC money they'd be adding their name to the list of clubs in administration.
They need promotion this season...or else.0 -
Cardiff's debt borders on the criminal.0
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Yep, the £83m debt is what they will be taking into the premiership, plus what they will add in this current fiscal year - say another £13m or so?Salad said:Cardiff's debt borders on the criminal.
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Or if you Mr Bosman and want to move in March.randy andy said:Surely the office of fair trading should be involved. How is the championship a fair marketplace when an outside agency (the premier league in this case) is massively distorting said marketplace?
Saying that, there are a lot of things in football that I can't believe are legal. First on the list has to be transfer windows. How is that not restraint of trade? Say you're a club on the verge of bankruptcy, you have plenty of assets to sell (players), but it's March, so you're out of luck. It's only a matter of time before a club in dire straights is going to go to court to force through player sales outside of the windows.0 -
I'm sure they allowed Portsmouth to sell outside of the windiw with one if their recent Administrations.Loco said:
Or if you Mr Bosman and want to move in March.randy andy said:Surely the office of fair trading should be involved. How is the championship a fair marketplace when an outside agency (the premier league in this case) is massively distorting said marketplace?
Saying that, there are a lot of things in football that I can't believe are legal. First on the list has to be transfer windows. How is that not restraint of trade? Say you're a club on the verge of bankruptcy, you have plenty of assets to sell (players), but it's March, so you're out of luck. It's only a matter of time before a club in dire straights is going to go to court to force through player sales outside of the windows.0 -
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It's been mentioned on talkSPORT this a.m. that there are possible moves to deny entry to the championship to clubs relegated from the premier. This is over the huge parachute payments. I only heard the news in one ear .. McIlwhenney, one time championship 'chairman' (or whatever) is on at 11ish to discuss the issue0
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We bought Herman outside the window - we just couldn't play him till the next season (as memory serves...)0
