sheffield_dave Posted April 24, 2019 Share Posted April 24, 2019 I wonder why Steve is choosing to make a song and dance about this now - with his team currently outside the play-offs and outsiders to win them even if they sneak in - rather than in August when clubs were starting the season on an even keel (and when we specifically didn't/couldn't sign anybody) It's almost like he's panicking about the sustainability of his club without the Premiership teet to suck.. Same attitude and school of thought as Phil Gartside at Bolton with his closed shop rhetoric while they were up there. Sucks for the fans but honestly, who cares. I'm utterly bored of the "it'd be terrible to see clubs go" line and actively think it's about time some of them did if there's any hope of fixing the game. Sounds like Gibson is seeing what's happened at Bolton and is having some sleepless nights about it. Good. Link to comment Share on other sites More sharing options...
Stoop Posted April 24, 2019 Share Posted April 24, 2019 Oh Steve Gibson can f**k right off If I’m not mistaken wasn’t he one of the chairman who started off this circus of excessive transfer fees and wages? Remember Alen Boksic? One of the first Premier league players on £100k a week. A new stadium, Ravenelli Juninho, Emerson, Karembeu, Massimo Maccaroni, Zenden, Ziegler to name a few. I’m sure these players weren’t based on sustainable income during the 90’s early 2000’s. They were all bankrolled by himself. Something I’m sure Chansiri would like to do if allowed 1 Link to comment Share on other sites More sharing options...
Flat Owl Posted April 24, 2019 Share Posted April 24, 2019 (edited) Parachute payments are unique to the English game and, currently, see relegated clubs receive a percentage of their final earnings in the Premier League in which they were relegated. These drop progressively over a three year period – 55% in the first year, 45% in year two and 20% in the final year. Roughly speaking this equates to £90m over a three year period. The study suggests that in the 2014/15 season as many as 10 clubs were receiving parachute payments outside of the Premier League, by 2016/17 this number had fallen to eight but the value of the payments had shot-up from £165,959 to £219,117. Little wonder that the report concludes: “...Championship clubs with parachute payments are twice as likely to be promoted to the EPL compared to clubs without and considerably less likely to suffer further relegation to League One compared with other clubs in the League.” Above is taken from Guardian article dated March 2018 into how parachute payments skew the competition. https://www.independent.co.uk/sport/football/football-league/premier-league-parachute-payments-exclusive-study-football-league-finance-money-a8255976.html and, Not only are the payments distorting the Championship – traditionally viewed as one of the most competitive in Europe – they could be about to have a dramatic impact in League One too. Sunderland, Hull City and Middlesbrough all received at least £40m without kicking a ball this season, compensation from those on high for failing to maintain their place in the richest league on earth. Perhaps this meeting might precipitate an urgent review into the need for a] FFP level needs to reflect inflation at the very least and b] needs to be increased to 90M over three years to be able to compete with failures from the league above and now with Sunderland, the league below... Edited April 24, 2019 by Flat Owl 1 3 Link to comment Share on other sites More sharing options...
Bouncing Owl Posted April 24, 2019 Share Posted April 24, 2019 1 hour ago, the monk said: Wednesday will just say 14m of our overspend went to your club Mr Gibson How very true. Link to comment Share on other sites More sharing options...
alanharper Posted April 24, 2019 Share Posted April 24, 2019 26 minutes ago, Hitcat said: The spiteful gorm is shooting himself in the foot. If they don't go up they're absolutely fooooked when their parachute payments end, they're losing far more than we are but it's covered by the PPs. Which is why he's desperate for potential promotion rivals next year to be docked points. Can't wait for his crying about how unfair the FFP rules are in a few years time... Link to comment Share on other sites More sharing options...
upperwinngardensowl Posted April 24, 2019 Share Posted April 24, 2019 at the end of the day "Rules is Rules". If other clubs were breaking them then plenty on here would be up in arms about it. Parachute payments dont seem to have done a lot for Swansea and Stoke this season or Sunderland last season and none of the top 3 have any dosh from prem league days. We have D Taxis and Eleve 8 "income" I assume, which is dodgy as...... Link to comment Share on other sites More sharing options...
SiJ Posted April 24, 2019 Share Posted April 24, 2019 7 minutes ago, upperwinngardensowl said: at the end of the day "Rules is Rules". If other clubs were breaking them then plenty on here would be up in arms about it. Parachute payments dont seem to have done a lot for Swansea and Stoke this season or Sunderland last season and none of the top 3 have any dosh from prem league days. We have D Taxis and Eleve 8 "income" I assume, which is dodgy as...... There is a difference between breaking rules and finding loopholes. Link to comment Share on other sites More sharing options...
g-owls Posted April 24, 2019 Share Posted April 24, 2019 The same Steve Gibson who said Boro was looking to “Smash it” with the best players when they last got relegated? The same Steve Gibson who is more than happy for his club to receive the unfair parachute payments? Rules are rules, but this guy wouldn’t give a throw if his expensively assembled squad gets promoted. I wonder how much he’s paying Tony Pulis a month to get them into seventh place? Link to comment Share on other sites More sharing options...
Hitcat Posted April 24, 2019 Share Posted April 24, 2019 9 minutes ago, alanharper said: If they don't go up they're absolutely fooooked when their parachute payments end, they're losing far more than we are but it's covered by the PPs. Which is why he's desperate for potential promotion rivals next year to be docked points. Can't wait for his crying about how unfair the FFP rules are in a few years time... Add to the fact they've an ageing squad fast running out of saleable assets. Link to comment Share on other sites More sharing options...
matthefish2002 Posted April 24, 2019 Share Posted April 24, 2019 50 minutes ago, SiJ said: Seems awfull convenient that two of the teams are right in the mix for the play offs. Surely, there's no chance of a points deduction for anyone now? That would be farcical. Would Villa and Derby be in the mix for the play offs if they stayed within the rules? Link to comment Share on other sites More sharing options...
S36 OWL Posted April 24, 2019 Share Posted April 24, 2019 59 minutes ago, Flat Owl said: Parachute payments are unique to the English game and, currently, see relegated clubs receive a percentage of their final earnings in the Premier League in which they were relegated. These drop progressively over a three year period – 55% in the first year, 45% in year two and 20% in the final year. Roughly speaking this equates to £90m over a three year period. The study suggests that in the 2014/15 season as many as 10 clubs were receiving parachute payments outside of the Premier League, by 2016/17 this number had fallen to eight but the value of the payments had shot-up from £165,959 to £219,117. Little wonder that the report concludes: “...Championship clubs with parachute payments are twice as likely to be promoted to the EPL compared to clubs without and considerably less likely to suffer further relegation to League One compared with other clubs in the League.” Above is taken from Guardian article dated March 2018 into how parachute payments skew the competition. https://www.independent.co.uk/sport/football/football-league/premier-league-parachute-payments-exclusive-study-football-league-finance-money-a8255976.html and, Not only are the payments distorting the Championship – traditionally viewed as one of the most competitive in Europe – they could be about to have a dramatic impact in League One too. Sunderland, Hull City and Middlesbrough all received at least £40m without kicking a ball this season, compensation from those on high for failing to maintain their place in the richest league on earth. Perhaps this meeting might precipitate an urgent review into the need for a] FFP level needs to reflect inflation at the very least and b] needs to be increased to 90M over three years to be able to compete with failures from the league above and now with Sunderland, the league below... This piece sums up perfectly what is wrong with the system. 1 Link to comment Share on other sites More sharing options...
S36 OWL Posted April 24, 2019 Share Posted April 24, 2019 (edited) I havnt heard Gibson complaining about the unfair advantage HIS team have received from the failure payments. Edited April 24, 2019 by S36 OWL Link to comment Share on other sites More sharing options...
darra Posted April 24, 2019 Share Posted April 24, 2019 We've come close to administration but never managed it thankfully. Wonder how many of those present have? Know Boro came very close and Gibson saved them. Link to comment Share on other sites More sharing options...
Southie_Owl Posted April 24, 2019 Share Posted April 24, 2019 43 minutes ago, upperwinngardensowl said: at the end of the day "Rules is Rules". If other clubs were breaking them then plenty on here would be up in arms about it. Parachute payments dont seem to have done a lot for Swansea and Stoke this season or Sunderland last season and none of the top 3 have any dosh from prem league days. We have D Taxis and Eleve 8 "income" I assume, which is dodgy as...... Not sure I’ve understood the point being made here but it seems you are saying because other clubs weren’t clever enough to wisely manage their premier league assembled squad - of international class players, and the following £90m parachute payments, they haven’t gained an advantage? We are having to stretch the rules to get nowhere near that level of squad value or incomings. Yet for the last 10 years+ it’s been deemed a fair system, until Wednesday try and gain some positive advantage by having a rich owner and its “stop, we need to do something about this”. Link to comment Share on other sites More sharing options...
waynecoyne14 Posted April 24, 2019 Share Posted April 24, 2019 gibson needs to concentrate on failing to get into the playoffs which he well on course for Link to comment Share on other sites More sharing options...
darra Posted April 24, 2019 Share Posted April 24, 2019 Gibson "Right gentleman I've called this meeting to highlight the fact that the EFL are not doing their job properly and it's time we made them aware of that fact and tell them to get their act together. Who's with me?" Stoney silence and much shuffling in seats and general mumbling. Link to comment Share on other sites More sharing options...
sandowl Posted April 24, 2019 Share Posted April 24, 2019 15 minutes ago, darra said: We've come close to administration but never managed it thankfully. Wonder how many of those present have? Know Boro came very close and Gibson saved them. they were wound up in 1986 and gibson reformed them, only just making it in time to keep their football league registration paid up. they had 1986 on their badge from then up till this season,i think, when they rewrote history by putting 1876 back on the badge. 4 Link to comment Share on other sites More sharing options...
Guest The Horse Posted April 24, 2019 Share Posted April 24, 2019 2 minutes ago, darra said: Gibson "Right gentleman I've called this meeting to highlight the fact that the EFL are not doing their job properly and it's time we made them aware of that fact and tell them to get their act together. Who's with me?" Stoney silence and much shuffling in seats and general mumbling. This. I hope the rest of the chairman tell the cheeky monkey to fizz off and stop talking flipping testicles and knob off for an early lunch. Link to comment Share on other sites More sharing options...
Frazzlebeak Posted April 24, 2019 Share Posted April 24, 2019 Isn’t what Gibson is doing the equivalent to a bit of matchday pointing 1 4 Link to comment Share on other sites More sharing options...
camffiti Posted April 24, 2019 Share Posted April 24, 2019 Gibson is responsible for the unsustainable market 'value' of bang average players ... and that led to the whole parachute payment system Tbf, Ravenelli & Juninho were above average, but they were signed on Ridsdale level contracts Gibson arguably financially doped Middlesborough for a decade Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now