torres Posted November 19, 2019 Share Posted November 19, 2019 Just now, bigdan2003 said: Only because my thinking is that if it's left to clubs to do they'll get bullied by agents and players. I understand what you are saying and i agree to some extent. The only thing is where do you stop with their involvement then? Transfers, Contract renewals etc I wouldn't trust most clubs to run a raffle Link to comment Share on other sites More sharing options...
jerseyowl Posted November 19, 2019 Share Posted November 19, 2019 Parachute payments are effectively premier league prize money that a club is due the season they are relegated in. The money is not given in full, like it would if you finished out the bottom 3, but instead the amount is then paid over 4 seasons in differing amounts. So I struggle to see the reasoning behind why it shouldn't be allowed, the club in question have earnt it after all. The real issue at hand is the amount of money generated by the EFL and the massive disparity between the EFL and that generated by the premier league. 1 Link to comment Share on other sites More sharing options...
Burnsie Posted November 19, 2019 Share Posted November 19, 2019 1 hour ago, S36 OWL said: Which of course it what would happen. But maybe that wouldn't be such a bad thing. They probably do want it to happen anyway!.... Link to comment Share on other sites More sharing options...
Steve Down South Posted November 19, 2019 Share Posted November 19, 2019 Clubs have to get better at negotiating contracts with lower basic salaries and performance incentives, providing a degree of protection in event of relegation. Maybe the removal / reduction of parachute payments would help prompt this, although I’m not expecting any change soon! Link to comment Share on other sites More sharing options...
S36 OWL Posted November 19, 2019 Share Posted November 19, 2019 1 hour ago, Burnsie said: They probably do want it to happen anyway!.... I'd agree they probably do . It would give the rest of English football the chance to hit the reset button and take the game back to what it used to be about, football and the supporters . Link to comment Share on other sites More sharing options...
torres Posted November 19, 2019 Share Posted November 19, 2019 40 minutes ago, S36 OWL said: I'd agree they probably do . It would give the rest of English football the chance to hit the reset button and take the game back to what it used to be about, football and the supporters . It isn't the fault of Sky, the Premier League, Parachute payments etc that we have been ran like this. None of those factors mentioned force you to rip off supporters and pay very average players stupidly large amounts on lengthy contracts Link to comment Share on other sites More sharing options...
Mr Farrell Posted November 19, 2019 Share Posted November 19, 2019 10 minutes ago, torres said: It isn't the fault of Sky, the Premier League, Parachute payments etc that we have been ran like this. None of those factors mentioned force you to rip off supporters and pay very average players stupidly large amounts on lengthy contracts This. Clubs had the choice in investing in youth, infrastructure, cheaper tickets, and the community. Instead they spunked it on overpaid jokers like our Joey who can't even take a corner. If you gave me 20k and I spent it on hookers and booze, I might enjoy it, but I wouldn't get away with blaming you. Link to comment Share on other sites More sharing options...
Belfast Owl 2 Posted November 19, 2019 Share Posted November 19, 2019 5 minutes ago, Mr Farrell said: This. Clubs had the choice in investing in youth, infrastructure, cheaper tickets, and the community. Instead they spunked it on overpaid jokers like our Joey who can't even take a corner. If you gave me 20k and I spent it on hookers and booze, I might enjoy it, but I wouldn't get away with blaming you. Yeah cause Joey is one of our high earners and the real issue. Do you ever think before posting? 1 Link to comment Share on other sites More sharing options...
torres Posted November 19, 2019 Share Posted November 19, 2019 5 minutes ago, Mr Farrell said: This. Clubs had the choice in investing in youth, infrastructure, cheaper tickets, and the community. Instead they spunked it on overpaid jokers like our Joey who can't even take a corner. If you gave me 20k and I spent it on hookers and booze, I might enjoy it, but I wouldn't get away with blaming you. We can have a go though!! 2 Link to comment Share on other sites More sharing options...
trev Posted November 19, 2019 Share Posted November 19, 2019 2 hours ago, jerseyowl said: Parachute payments are effectively premier league prize money that a club is due the season they are relegated in. The money is not given in full, like it would if you finished out the bottom 3, but instead the amount is then paid over 4 seasons in differing amounts. So I struggle to see the reasoning behind why it shouldn't be allowed, the club in question have earnt it after all. The real issue at hand is the amount of money generated by the EFL and the massive disparity between the EFL and that generated by the premier league. Is it really? Never knew that. Do the club's get their tv money up front before the season starts or is that afterwards too? Why do they give them the prize money in 3 instalments rather than all at once? Is it to stop them blowing it all in one go and is it effectively attempting to level the playing field a bit for the championship clubs? Interesting. Link to comment Share on other sites More sharing options...
trev Posted November 19, 2019 Share Posted November 19, 2019 2 hours ago, jerseyowl said: Parachute payments are effectively premier league prize money that a club is due the season they are relegated in. The money is not given in full, like it would if you finished out the bottom 3, but instead the amount is then paid over 4 seasons in differing amounts. So I struggle to see the reasoning behind why it shouldn't be allowed, the club in question have earnt it after all. The real issue at hand is the amount of money generated by the EFL and the massive disparity between the EFL and that generated by the premier league. Oh and why then if the club bounces straight back up is the remaining parachute monies split between the championship clubs? Not given to the club that earned the money? Seems a bit unfair tbh. Link to comment Share on other sites More sharing options...
Guest The Horse Posted November 19, 2019 Share Posted November 19, 2019 Don't think the top dogs at the Prem want a closed shop. The clubs in it may do but I doubt Richards and chums think the same. I reckon they'd love to see Wednesday, Leeds and Forest in the Prem over say Bournemouth, Watford and Burnley for example. It's much better for their 'product' in terms of appeal, viewers and revenue. I can see why the parachute payments are there, it's the misuse that's the problem and like someone said above, should be removed from P&S equation to create real financial fair play and to ensure the payments are used in the 'spirit' of their original intention. Link to comment Share on other sites More sharing options...
Mr Farrell Posted November 19, 2019 Share Posted November 19, 2019 3 hours ago, the mighty wednesday said: Logic says we will only get a slap on the wrist as we didn't intend deliberately to get charged by the EFL This needs passing on to our lawyers. 1 Link to comment Share on other sites More sharing options...
alanharper Posted November 19, 2019 Share Posted November 19, 2019 2 hours ago, jerseyowl said: Parachute payments are effectively premier league prize money that a club is due the season they are relegated in. The money is not given in full, like it would if you finished out the bottom 3, but instead the amount is then paid over 4 seasons in differing amounts. So I struggle to see the reasoning behind why it shouldn't be allowed, the club in question have earnt it after all. The real issue at hand is the amount of money generated by the EFL and the massive disparity between the EFL and that generated by the premier league. They were devised so that clubs who get relegated can continue to operate and pay their wage bills despite the reduced income from not being in the PL. They were only introduced in 2006 after many clubs (naturally, we were one of them) previously suffered financially because they couldn't offload the big money players. This is why if a club gets promoted whilst still in receipt of parachute payments they stop because they're going back to the huge PL income.. Link to comment Share on other sites More sharing options...
the mighty wednesday Posted November 19, 2019 Share Posted November 19, 2019 5 minutes ago, Mr Farrell said: This needs passing on to our lawyers. I'm forwarding it to Lionel Hutz right this minute 2 Link to comment Share on other sites More sharing options...
Stoop Posted November 19, 2019 Share Posted November 19, 2019 The fans have to shoulder some of the blame. If more people had bought into the 1867 club then we might not be in this mess 5 Link to comment Share on other sites More sharing options...
asteener1867 Posted November 19, 2019 Share Posted November 19, 2019 45 minutes ago, torres said: It isn't the fault of Sky, the Premier League, Parachute payments etc that we have been ran like this. None of those factors mentioned force you to rip off supporters and pay very average players stupidly large amounts on lengthy contracts Sky put the money in...it was up to the clubs how they used it...I remember Sky saying at one point , the money going in would would offset ticket prices for football fans who attended games, to offset armchair fans....didn't happen Was that down to Sky or greedy football clubs?..the latter I reckon Link to comment Share on other sites More sharing options...
rawowl Posted November 19, 2019 Share Posted November 19, 2019 3 minutes ago, alanharper said: They were devised so that clubs who get relegated can continue to operate and pay their wage bills despite the reduced income from not being in the PL. They were only introduced in 2006 after many clubs (naturally, we were one of them) previously suffered financially because they couldn't offload the big money players. This is why if a club gets promoted whilst still in receipt of parachute payments they stop because they're going back to the huge PL income.. This. clubs to try and stay up need to offer bigger wages to attract better players. Problem is if you go down you have these players on good contracts ( they have to offer these contracts to get the player over someone else) the parschute payment SHOULD be used to pay these contracts up without clubs getting crippled . Some clubs don’t do this though they use that money to gamble and get promotion the next season. If they get it wrong they are in deep trouble . Link to comment Share on other sites More sharing options...
asteener1867 Posted November 19, 2019 Share Posted November 19, 2019 Whilever you get paid money, for doing little, you will do little, by and large... Thats what the Prem money is...Millions for finishing one spot above relegation?..Simply dilutes ambition..Millions for absolutely f.ookin' up, which is what parachute payments are..is beyond ludicrous.. 1 Link to comment Share on other sites More sharing options...
Mr Farrell Posted November 19, 2019 Share Posted November 19, 2019 3 minutes ago, rawowl said: This. clubs to try and stay up need to offer bigger wages to attract better players. Problem is if you go down you have these players on good contracts ( they have to offer these contracts to get the player over someone else) the parschute payment SHOULD be used to pay these contracts up without clubs getting crippled . Some clubs don’t do this though they use that money to gamble and get promotion the next season. If they get it wrong they are in deep trouble . Bizarre that clubs are given the cash for a specific reason, then allowed to chuck it wherever. Something is wrong with the system. Link to comment Share on other sites More sharing options...
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