Hack-Abusi Posted August 15, 2018 Share Posted August 15, 2018 https://www.bbc.co.uk/sport/football/44981103 We get a mention about spending loads to gain promotion ... Link to comment Share on other sites More sharing options...
@owlstalk Posted August 15, 2018 Share Posted August 15, 2018 Both Birmingham City and Sheffield Wednesday have been under transfer embargoes this summer after falling foul of the Profitability and Sustainability regulations. "Time would tell" if the latest spending rules were working to "stop clubs over-extending themselves", Birch said, but he highlighted there had been no insolvency situations among clubs in recent years. Owlstalk Shop Link to comment Share on other sites More sharing options...
@owlstalk Posted August 15, 2018 Share Posted August 15, 2018 Based on the BBC's analysis of staff spending and his own observations on player signings, Maguire identified five clubs he believed were taking a "two-year gamble". "The most noticeable clubs that appear to have taken this approach and 'twisted on 2017' are Aston Villa, Birmingham City, Derby County and Sheffield Wednesday," he said. "Wolves also took the same gamble in 2017-18 but were rewarded with promotion. "I think Steve Gibson has realised that Middlesbrough have a separate cliff edge as they only receive parachute payments for two years following their relegation in 2016-17. This meant they realistically had only one year of spending before introducing some austerity measures. "His comments that Boro would 'smash' the Championship in 2017-18, by spending £50m on transfers didn't bear fruit and consequently they've had to cut back this summer [by selling Adama Traore, Ben Gibson and Patrick Bamford for a total of about £43m]." Owlstalk Shop Link to comment Share on other sites More sharing options...
wilfsmith Posted August 15, 2018 Share Posted August 15, 2018 'Trevor Birch, the former chief executive of Chelsea, Everton, Leeds, Sheffield and Derby County, and one-time administrator for Portsmouth' Good to see that Sheffield FC gets a mention. I didn't know he'd been involved with them! Link to comment Share on other sites More sharing options...
Blue and white Posted August 15, 2018 Share Posted August 15, 2018 For me parachute payments have to go, why reward teams for failing is beyond me, I get the idea behind them but the are abused and give team an unfair advantage. S and P also needs looking at as it's clearly not working. Link to comment Share on other sites More sharing options...
dorian gray Posted August 15, 2018 Share Posted August 15, 2018 Just now, Blue and white said: For me parachute payments have to go, why reward teams for failing is beyond me, I get the idea behind them but the are abused and give team an unfair advantage. S and P also needs looking at as it's clearly not working. it's making a right mess of the situation, at one point the same 3 that got relegated went back up, it should have been addressed then, instead of just tinkered around the edges. it needs starting from new, at the same time as addressing when a side is relegated a players faces a pay cut, or leaves (if he can find a club). at present ordinary wages aren't rising, or rising at a rate near to that of footballers, so if a club wants good players it raises the gate money, then less people attend, so the club still isn't covering wages. first things first though, IF parachute money is NEEDED where WAS OURS, can we have it NOW, and HOW MUCH INTEREST HAS IT ACCRUED? Link to comment Share on other sites More sharing options...
Harrysgame Posted August 15, 2018 Share Posted August 15, 2018 2 minutes ago, dnhc said: it's making a right mess of the situation, at one point the same 3 that got relegated went back up, it should have been addressed then, instead of just tinkered around the edges. it needs starting from new, at the same time as addressing when a side is relegated a players faces a pay cut, or leaves (if he can find a club). at present ordinary wages aren't rising, or rising at a rate near to that of footballers, so if a club wants good players it raises the gate money, then less people attend, so the club still isn't covering wages. first things first though, IF parachute money is NEEDED where WAS OURS, can we have it NOW, and HOW MUCH INTEREST HAS IT ACCRUED? Can't see it being scrapped why would the PL clubs vote for that free money. Only way EFL could level the field is to say forget income and revenue all championship clubs can only have a total spend of xx amount per year and no offset against incomes or transfer. This will not happen as would be like the days of a wage cap. Football is a business as are all clubs are regs companies so treat them as such so let them spend what they want. If they go bust / admin etc then automatic relegation next season and if they do go up that is good and still relegate. Link to comment Share on other sites More sharing options...
dorian gray Posted August 15, 2018 Share Posted August 15, 2018 22 minutes ago, Harrysgame said: Can't see it being scrapped why would the PL clubs vote for that free money. Only way EFL could level the field is to say forget income and revenue all championship clubs can only have a total spend of xx amount per year and no offset against incomes or transfer. This will not happen as would be like the days of a wage cap. Football is a business as are all clubs are regs companies so treat them as such so let them spend what they want. If they go bust / admin etc then automatic relegation next season and if they do go up that is good and still relegate. fl and fa prem. would have to agree on that, not gonna happen. Link to comment Share on other sites More sharing options...
cjtowl1972 Posted August 15, 2018 Share Posted August 15, 2018 If we get promotion to the Premier League, you can guarantee the Parachute Payments will be scrapped - the year we are relegated. 1 Link to comment Share on other sites More sharing options...
Minton Posted August 15, 2018 Share Posted August 15, 2018 (edited) Under the new parachute payments it's only 2 years of payments if the club are relegated in their first season in the premiership, 3 if they've been there for more than one season. Relegated clubs will receive 55 per cent of the equal share of broadcast revenue paid to Premier League clubs in the first year after relegation, (£55m) 45 per cent the following year (£45m) and 20 per cent in year three (£20m). If the club are promoted straight back, their 2nd set of payments are distributed through the EFL leagues I believe. It's not the massive cash cow of the late 2000's any more. Also, don't forget the solidarity payments to each EFL club. Championship clubs previously received a flat free of £2.3m each per season, with League One clubs getting £360,000 a season, and League Two clubs receiving £240,000. Under the new arrangements, Football League clubs will receive solidarity payments which amount to a percentage of the value of a Year 3 parachute payment. Championship clubs will each receive 30%, League One clubs 4.5% and League Two clubs 3% of the value of a Year 3 parachute payment. Edited August 15, 2018 by Minton Link to comment Share on other sites More sharing options...
Inspector Lestrade Posted August 15, 2018 Share Posted August 15, 2018 28 minutes ago, cjtowl1972 said: If we get promotion to the Premier League, you can guarantee the Parachute Payments will be scrapped - the year we are relegated. We would have had thirty years in the Prem tho Link to comment Share on other sites More sharing options...
edwinowl Posted August 15, 2018 Share Posted August 15, 2018 It’s probably the only sport where there’s no level playing field up and down divisions. Its already been said that the number of fans at a game doesn’t have any bearing. Saw a graph the other day on the size Man Utd in monetary terms and its bigger than pretty much all the championship teams put together. Ridiculous. But the ship sailed and we were left in harbour. Now we’re bobbing along in a rowing boat 1 Link to comment Share on other sites More sharing options...
southportdc Posted August 15, 2018 Share Posted August 15, 2018 Just reinforces what we already know. FFP means you have 2 years to blast it then sit out for 2 years. Forest are on the way out of the downswing. We're on our way in. Link to comment Share on other sites More sharing options...
Harrysgame Posted August 15, 2018 Share Posted August 15, 2018 58 minutes ago, edwinowl said: It’s probably the only sport where there’s no level playing field up and down divisions. Its already been said that the number of fans at a game doesn’t have any bearing. Saw a graph the other day on the size Man Utd in monetary terms and its bigger than pretty much all the championship teams put together. Ridiculous. But the ship sailed and we were left in harbour. Now we’re bobbing along in a rowing boat 52 minutes ago, southportdc said: Just reinforces what we already know. FFP means you have 2 years to blast it then sit out for 2 years. Forest are on the way out of the downswing. We're on our way in. Sums it up perfectly, we just need to hope we have an owner who is rich enough to go again in 2 years. Difficult as there will be even more clubs in the league with plenty to spend. Link to comment Share on other sites More sharing options...
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