Derby- Enter Administration

[Tewkesbury]

1 hour ago, soldierboyblue said:

The parachute payments ARE NOT there for this reason at all. They are there to supplement the revenue streams that are lost upon relegation and to ensure that non-playing staff are looked after.

 

If clubs don't want to put wage reductions in contracts (a bit like we didn't when we went down) then it is more fool them!

They're in place to help new clubs and those at the bottom to sign players and be competitive.

 

If you're an EPL palyer and you get an offer from a bottom club you're going to say no if there's massive relegation clauses.

 

Without the payments, there would be a two tier Premier League, with 15 clubs with all of the best players and 4-5 fighting relegation each year as no good players would go to them, which doesn't benefit the league at all.

 

There is a divide between clubs financially, it was at the bottom of the Prem, the parachute payments moved it down to the top of the Championship instead.

[Putney]

2 minutes ago, Tewkesbury said:

They're in place to help new clubs and those at the bottom to sign players and be competitive.

 

If you're an EPL palyer and you get an offer from a bottom club you're going to say no if there's massive relegation clauses.

 

Without the payments, there would be a two tier Premier League, with 15 clubs with all of the best players and 4-5 fighting relegation each year as no good players would go to them, which doesn't benefit the league at all.

 

There is a divide between clubs financially, it was at the bottom of the Prem, the parachute payments moved it down to the top of the Championship instead.

 

Also without the payments, on top of what you've said then your promoted teams stand basically no chance of survival. As you've alluded to, there's a huge gulf in quality between the bottom of the Premier League and the top of the Championship.

 

It's a given that teams promoted to the Premier League need an overhaul of their squad in an attempt to compete. It's likely they'll be relegated. With no parachute payments then they then have to overhaul their squad again to keep in line with life in the EFL, tighter FFP restrictions and less money. The reality is they're probably now worse off than when they won promotion, having to make cuts and no continuity.

 

It goes back to the system that the Premier League, whether intentionally or not, has set up. High risk, not high reward.

[Tewkesbury]

5 minutes ago, Putney said:

 

Also without the payments, on top of what you've said then your promoted teams stand basically no chance of survival. As you've alluded to, there's a huge gulf in quality between the bottom of the Premier League and the top of the Championship.

 

It's a given that teams promoted to the Premier League need an overhaul of their squad in an attempt to compete. It's likely they'll be relegated. With no parachute payments then they then have to overhaul their squad again to keep in line with life in the EFL, tighter FFP restrictions and less money. The reality is they're probably now worse off than when they won promotion, having to make cuts and no continuity.

 

It goes back to the system that the Premier League, whether intentionally or not, has set up. High risk, not high reward.

This.

 

They just moved all of the risk to the Championship, and the reward to the Prem.

 

Win-win for the Prem.

[Kew Owl]

Can’t help but feel sorry for the fans who, as usual, suffer most when something like this happens.

 

At the  same time, I feel somewhat miffed knowing that, if Derby had gone into administration last season, Wednesday would now still be in the Championship.

[wellbeaten-the-owl]

59 minutes ago, hirstys_achilles said:

Clubs would not need parachute payments if the wages and money passed about in the Premier league was not so massive 

And clubs in championship without them wouldn't need to risk so much if those with them were not splashing the cash and driving up wages in the championship.

 

The only solution is to revamp income distribution so the cliff edge drop between divisions is not so wide, then you can control squad sizes and wage levels. 

[Quickly Kevin]

Got this email today, at least their fans can drown their sorrows..

 

 

[soldierboyblue]

50 minutes ago, Tewkesbury said:

They're in place to help new clubs and those at the bottom to sign players and be competitive.

 

If you're an EPL palyer and you get an offer from a bottom club you're going to say no if there's massive relegation clauses.

 

Without the payments, there would be a two tier Premier League, with 15 clubs with all of the best players and 4-5 fighting relegation each year as no good players would go to them, which doesn't benefit the league at all.

 

There is a divide between clubs financially, it was at the bottom of the Prem, the parachute payments moved it down to the top of the Championship instead.

Last I looked Parachute Payments were given to teams who were relegated so how can they help them sign players in the PL?

 

Of course players will sign contracts that are going to have clauses in them - they do all the time. 

 

With regards to the rest of your post - PROMOTED teams receive circa 150 million quid in TV revenue to be competitive and I will say it again just so it's clear Parachute Payments are for clubs that are RELEGATED

[Tewkesbury]

2 minutes ago, soldierboyblue said:

Last I looked Parachute Payments were given to teams who were relegated so how can they help them sign players in the PL?

 

Of course players will sign contracts that are going to have clauses in them - they do all the time. 

 

With regards to the rest of your post - PROMOTED teams receive circa 150 million quid in TV revenue to be competitive and I will say it again just so it's clear Parachute Payments are for clubs that are RELEGATED

They are there as a safety net for promoted teams to sign players, so they aren't stuck with big contracts and no way to pay them if relegated.

 

If you were a mid Prem player, would you play for a relegation side and take a massive pay cut if relegated, or bench warm at a mid table side with a guaranteed wage?

[the third man]

3 minutes ago, Tewkesbury said:

They are there as a safety net for promoted teams to sign players, so they aren't stuck with big contracts and no way to pay them if relegated.

 

If you were a mid Prem player, would you play for a relegation side and take a massive pay cut if relegated, or bench warm at a mid table side with a guaranteed wage?

That depends on the players ambitions, and whether he wants to play or be a highly paid spectator every week

[Tewkesbury]

4 minutes ago, the third man said:

That depends on the players ambitions, and whether he wants to play or be a highly paid spectator every week

I just googled it, the average wage in the EPL is £60000, the Championship £4000. 

 

These players sign 2-4 year contracts, so that's a massive pay drop if they get relegated in the first season, even if they're at the top end of championship wages.

[FreshOwl]

Tbh they’re now 6 pts adrift and have had a good start. Could easily still get out of it. Are they due with another deduction though? 

[wellbeaten-the-owl]

5 minutes ago, FreshOwl said:

Tbh they’re now 6 pts adrift and have had a good start. Could easily still get out of it. Are they due with another deduction though? 

9 points behind with another possible 12 points deduction to come, and in January will have to sell any saleable assets to keep going so will have squad decimated for 2nd half of season.  No chance of staying up

[kirksandallowl]

2 hours ago, Tewkesbury said:

They are there as a safety net for promoted teams to sign players, so they aren't stuck with big contracts and no way to pay them if relegated.

 

If you were a mid Prem player, would you play for a relegation side and take a massive pay cut if relegated, or bench warm at a mid table side with a guaranteed wage?

And when the top sides have filled their 25 man squads who are the rest of the players going to sign for?

[Sefton owl]

1 hour ago, FreshOwl said:

Tbh they’re now 6 pts adrift and have had a good start. Could easily still get out of it. Are they due with another deduction though? 

Sounds daft but depends if they can keep hold of Rooney. Yes he has very little experience in management, however not only does he have better connections than most in terms of bringing in possible loans in January - they also would have more chance with 1 manager than going through 4 in the same season like us which gave us no end of trouble. 

[Sefton owl]

Just now, Sefton owl said:

Sounds daft but depends if they can keep hold of Rooney. Yes he has very little experience in management, however not only does he have better connections than most in terms of bringing in possible loans in January - they also would have more chance with 1 manager than going through 4 in the same season like us which gave us no end of trouble. 

That said, i do hope they go down never liked them even before both clubs were subject to any EFL punishment. 

[billyblack]

2 hours ago, Kew Owl said:

Can’t help but feel sorry for the fans who, as usual, suffer most when something like this happens.

 

At the  same time, I feel somewhat miffed knowing that, if Derby had gone into administration last season, Wednesday would now still be in the Championship.

We may have been ok if we had submitted our accounts properly 

[FreshOwl]

1 minute ago, Sefton owl said:

Sounds daft but depends if they can keep hold of Rooney. Yes he has very little experience in management, however not only does he have better connections than most in terms of bringing in possible loans in January - they also would have more chance with 1 manager than going through 4 in the same season like us which gave us no end of trouble. 

Sort of agree. Have their players been paid & will they continue to be paid on time moving forward though. Be interesting to see if that happens and what effect it may have on performances 

 

If they haven’t (or don’t) & continue to churn out impressive results, it will just make me despise our team from last year even more 

[matt68owls]

2 hours ago, Kew Owl said:

Can’t help but feel sorry for the fans who, as usual, suffer most when something like this happens.

 

At the  same time, I feel somewhat miffed knowing that, if Derby had gone into administration last season, Wednesday would now still be in the Championship.

No we wouldn't, we would have finished 2nd bottom. 

[Tewkesbury]

1 hour ago, kirksandallowl said:

And when the top sides have filled their 25 man squads who are the rest of the players going to sign for?

2/3 of players are registered as foreign. They could play in other countries as the pay would be closer without the guarantees. They could join the loan armies.

Even if the top 10 teams filled their squads, then everyone else got the leftovers it would destroy the Prem, as it's marketed as the most competitive league in the world.

[kirksandallowl]

42 minutes ago, Tewkesbury said:

2/3 of players are registered as foreign. They could play in other countries as the pay would be closer without the guarantees. They could join the loan armies.

Even if the top 10 teams filled their squads, then everyone else got the leftovers it would destroy the Prem, as it's marketed as the most competitive league in the world.

an article from December last year, it seems even the so called big 6 have relegation clauses. 

Arsenal's players will be forced to take a reported 25 per cent pay cut if they make an unexpected drop into the Championship.

The Gunners are just four points off the relegation zone after a dismal start to the season in which they've won just four of their 14 matches.

While few would foresee them losing their top-flight status, Arsenal chiefs have still safeguarded the club's best interest by inserting clauses into each player's contract in the event of relegation. 

It is normal for such clauses to be in place among clubs battling the drop, though Arsenal were deemed top four hopefuls rather than potential candidates to go down when the campaign began.

And should the unthinkable occur, their current squad would stand to lose out on a combined total of £37.5million in wages, according to The Mail