room0035 Posted July 6, 2020 Share Posted July 6, 2020 1 hour ago, nevthelodgemoorowl said: What happens on the pitch should stay on the pitch, Points won and lost. Anything else destroys the integrity of the game. Trying to deploy a system regarding financial integrity has too many factors in play makes it almost impossible. Small Towns, Big Cities; The pull of London for International players seems wholly unfair. The (Broke) Glaziers being able to borrow vast amount of money to buy Man U using negative equity in US as security; What was that about ? How can the governors of the game manage to keep a straight face while they compromise the financial integrity of the game while huge parachute payments compromise the integrity of the championship on every level. The Premier league chief last week in front of the commons select committee. Question - So how much funding have you supplied to the EFL to help them through the issues, all 71 clubs are having with lose of income because of Co-Vid Answer - 'nothing the EFL have not asked for anything or additional help' Question - But you do provide funding to the EFL Answer 'Yes last season £400m was given in funding to the EFL' Question - What was the split of that and to how many clubs Answer - £260m of it is parachute payments to 9 clubs the other £140m is split between the remaining 62 clubs. 3 Link to comment Share on other sites More sharing options...
DJMortimer Posted July 6, 2020 Share Posted July 6, 2020 6 minutes ago, room0035 said: Answer - £260m of it is parachute payments to 9 clubs the other £140m is split between the remaining 62 clubs. Yet some in authority will argue that parachute payments are not a major factor in financial disparities or the level of competition. 3 Link to comment Share on other sites More sharing options...
Guest Posted July 6, 2020 Share Posted July 6, 2020 Be interesting to see what happens if Villa come back down Suspect absolutely nothing and they’ll be cushty as with there failure payments Link to comment Share on other sites More sharing options...
S36 OWL Posted July 6, 2020 Share Posted July 6, 2020 8 minutes ago, room0035 said: The Premier league chief last week in front of the commons select committee. Question - So how much funding have you supplied to the EFL to help them through the issues, all 71 clubs are having with lose of income because of Co-Vid Answer - 'nothing the EFL have not asked for anything or additional help' Question - But you do provide funding to the EFL Answer 'Yes last season £400m was given in funding to the EFL' Question - What was the split of that and to how many clubs Answer - £260m of it is parachute payments to 9 clubs the other £140m is split between the remaining 62 clubs. So less than 2.5m each to 62 clubs IF it was shared equally, and around 29m each to the other 9 clubs last season. What a joke. Link to comment Share on other sites More sharing options...
DJMortimer Posted July 6, 2020 Share Posted July 6, 2020 Just now, S36 OWL said: ...and around 29m each to the other 9 clubs last season. With most of that going to just 3 of them. 4 Link to comment Share on other sites More sharing options...
Kew Owl Posted July 6, 2020 Share Posted July 6, 2020 59 minutes ago, William 1867 said: What is Gypsy Owl and Kev saying now.? Gypsy Owl is probably sitting in his caravan looking into his crystal ball as I type ! Link to comment Share on other sites More sharing options...
room0035 Posted July 6, 2020 Share Posted July 6, 2020 15 minutes ago, DJMortimer said: Yet some in authority will argue that parachute payments are not a major factor in financial disparities or the level of competition. I bet without them the 3 teams coming down each season would break the £39m spending limit in 1 season. You only have to look at the losses made by Villa and Newcasle the season they were in the championship to see that parachutes are basically a bonus to help the ex premier league teams become current premier league teams again. Link to comment Share on other sites More sharing options...
Guest mrbluesky Posted July 6, 2020 Share Posted July 6, 2020 1 minute ago, Kew Owl said: Gypsy Owl is probably sitting in his caravan looking into his crystal ball as I type ! Balls. Link to comment Share on other sites More sharing options...
kevtheowl Posted July 6, 2020 Share Posted July 6, 2020 1 hour ago, William 1867 said: What is Gypsy Owl and Kev saying now.? Still stand by my sauce ! UTO Link to comment Share on other sites More sharing options...
William 1867 Posted July 6, 2020 Share Posted July 6, 2020 Just now, kevtheowl said: Still stand by my sauce ! UTO Hope your info is of a good sauce. Link to comment Share on other sites More sharing options...
soldierboyblue Posted July 6, 2020 Share Posted July 6, 2020 17 minutes ago, DJMortimer said: Yet some in authority will argue that parachute payments are not a major factor in financial disparities or the level of competition. As I've mentioned loads on here - if parachute payments were used for what they are actually meant for (restructuring off field operations to reflect reduced income as a result of relegation) then there wouldn't be an issue. However the ineffectual governance by both the EFL and PL allow these payments to be spent on the playing side - which as you say results in a major financial disparity in the competition. 1 Link to comment Share on other sites More sharing options...
@owlstalk Posted July 6, 2020 Share Posted July 6, 2020 2 minutes ago, The_Limit_Owl said: You can’t criticise the press man!!!! You can do what you like But you'll get called out on if it you're chatting nonsense 1 Owlstalk Shop Link to comment Share on other sites More sharing options...
@owlstalk Posted July 6, 2020 Share Posted July 6, 2020 1 minute ago, The_Limit_Owl said: Ooh.... carte Blanche!! Open season on Giddings everyone!! Nobody wants to criticise Andy Giddings mate - that's sooooooo 2018 Owlstalk Shop Link to comment Share on other sites More sharing options...
@owlstalk Posted July 6, 2020 Share Posted July 6, 2020 Just now, The_Limit_Owl said: Howson then? Gertcha! Nope Dom's dropping out some quality content these days Owlstalk Shop Link to comment Share on other sites More sharing options...
bazapeps Posted July 6, 2020 Share Posted July 6, 2020 Just to clarify my point re Wigan / EFL. Obviously due diligence isn’t down to Dave whelan but I used that example given how much he loves the club etc. He would never have sold to them had he had any idea of what would happen. It wouldn’t be a point for most club sales though. Re the EFL they can do all the due diligence they want but so many things re owners just aren’t predictable. They can find that the owner has all the funds etc required but they can’t predict what happens in practice. No one could have possibly predicted re this potential bet for Wigan to be relegated Link to comment Share on other sites More sharing options...
billyblack Posted July 6, 2020 Share Posted July 6, 2020 40 minutes ago, room0035 said: The Premier league chief last week in front of the commons select committee. Question - So how much funding have you supplied to the EFL to help them through the issues, all 71 clubs are having with lose of income because of Co-Vid Answer - 'nothing the EFL have not asked for anything or additional help' Question - But you do provide funding to the EFL Answer 'Yes last season £400m was given in funding to the EFL' Question - What was the split of that and to how many clubs Answer - £260m of it is parachute payments to 9 clubs the other £140m is split between the remaining 62 clubs. They should distribute money by giving the bottom team most money upwards leading to the top team getting least money 3 Link to comment Share on other sites More sharing options...
Guest Bulgaria Posted July 6, 2020 Share Posted July 6, 2020 7 minutes ago, billyblack said: They should distribute money by giving the bottom team most money upwards leading to the top team getting least money Bit like the NFL draft system. Would teams purposely finish bottom knowing they would get a wad of cash though? Link to comment Share on other sites More sharing options...
DJMortimer Posted July 6, 2020 Share Posted July 6, 2020 27 minutes ago, The_Limit_Owl said: You can’t criticise the press man!!!! He was a great servant for us but towards the end his lack of mobility was a problem as he couldn't get down quickly enough to shots that were close to him. 2 2 Link to comment Share on other sites More sharing options...
Taximark Posted July 6, 2020 Share Posted July 6, 2020 What is the actually hold up with this case if it has been finished? 1 Link to comment Share on other sites More sharing options...
Guest Grandad Posted July 6, 2020 Share Posted July 6, 2020 31 minutes ago, @owlstalk said: Nope Dom's dropping out some quality content these days The other day he posted a Tweet saying "Clicke here for the latest on the EFL Hearing from Garry Monk" when you clicked it linked to an interview where he said "Whats the latest on the EFL Hearing Garry?" To which GM replied "I don't know anything" Link to comment Share on other sites More sharing options...
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