Parachute Payments Are Killing The Championship

Discussion in 'Bulletin Board ARCHIVE' started by Conan Troutman, Feb 22, 2012.

  1. Con

    Conan Troutman Well-Known Member

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    Surely this is the craziest and most unfair rule in football and it's rapidly turning the Championship to ****. This means that teams with huge levels of debt (West Ham, last night's opponents) can not only just about manage these debts and maintain a massive wage bill but they can also keep spending and improving their squad.

    To be fair to Blackpool they went about things the in the right manner last season but now they are no longer in the Premiership they shouldn't benefit from it, but the parachute payments mean they will get another three bites of the cherry before they really have to tighten their belts.

    I don't know how much Zigic is on a week but I bet it's not far off what our starting eleven is on combined, all this with a chairman who is as dodgy as the Russian at Portsmouth.

    No wonder people are so disillusioned with the modern game.
     
  2. Redstar

    Redstar Well-Known Member

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    Fully agree wi thi.
     
  3. Lar

    Lardo New Member

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    hat's why we have to implement salary caps in British football, just like those used in American leagues like the NBA, NFL or NHL. Only that would have to be a pan-european reform. Otherwise, capped British football would be much weaker if other major leagues don't follow. In my opinion, in a couple of years everyone will get so desperate that they will have to use measures far more effective than that stupid European Financial Fair Play Platini's trying to push...
     
  4. Con

    Conan Troutman Well-Known Member

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    We'd never be able to implement a salary cap unfortunately as a Marc Bosman type would be of to the European Court Of Justice faster than you could say "overpaid ****er". Even something was brought in it would be based on a percentage of turnover so wouldn't really benefit us.
     
  5. 'thereev'

    'thereev' Banned Idiot

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    Why are we spending so much on parachutes? Is it so keefy can 'bail out' whenever he wants. Maybe it is because the board get 'shot down' so much

    hope this helps
     
  6. Dys

    Dyson Well-Known Member

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    We didn't complain when we used 'em to buy Hignett, Sheron, Dyer, Shipperley etc.
     
  7. very good point

    I totally agree, its not a level playing field at all
     
  8. Con

    Conan Troutman Well-Known Member

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    What did we get - £3m over two years? It's now £64m over four years. Slight difference.
     
  9. Redstar

    Redstar Well-Known Member

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    £48 million but the point is right.
     
  10. Con

    Conan Troutman Well-Known Member

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    Thought it was £16m per season for four years??
     
  11. Archey

    Archey Well-Known Member

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    I hope Birmingham and West Ham do go back up

    Blackpool too for that matter, cos don't we get a share of said parachute payments, if they return to the prem at the first time of asking? They won't seem so silly then will they.

    I do agree though, it's part of the problem, which is why the premier league is quickly cutting itself away from the rest of the football league. I say let them have it separate, with no relegations, as soon as the debt they run up becomes far too unsustainable, they'll fall flat on their arse again, and cry for a reform.
     
  12. Redstar

    Redstar Well-Known Member

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    I thought it was £12 million a season.
     
  13. Redstar

    Redstar Well-Known Member

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    Re: I hope Birmingham and West Ham do go back up

    I thought they had got shut of that rule the other season when Newcastle went back up.
     
  14. Con

    Conan Troutman Well-Known Member

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    Re: I hope Birmingham and West Ham do go back up

    Of course they will. We will receive more money but it will be the same as everyone else in the Championship so it won't give us any advantage. Wigan, Bolton and the other team that comes down will be receiving the full amount and will be favourites to go straight back up.
     
  15. Red

    Red Rain Well-Known Member

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    Do not agree. When a team is promoted to the Premiership it must strengthen to survive in that league. It must therefore sign players who are better than those it already has and it must increase the size of its squad to cope with tiredness and injury. To attract Premiership ready players, the club must pay premiership wages and offer contracts terms which give the player a deal that is attractive to him. If, in spite of this investment, the club is relegated, it will have a large squad of expensively recruited players. If there was no parachute, the club would have to organise a fire sale. Those players would only leave if they were offered new contracts on at least as good terms as those they were already on. Buyers would therefore offer a fraction of the players original cost. The relegated club would be ruined just one year after they thought that they had entered the promised land and as a result no club would want promotion. There is a history of clubs dropping out of the premiership and getting into financial difficulty in spite of the parachute payments.

    As I remember it, if a premiership club is promoted back to the Premier League within the period of the term of the parachute, the remaining money is distributed between the clubs in the Championship. If the parachute went, so would this. Former Premier team always have had stronger squads than Championship teams, and they always will have.
     
  16. Red

    Red Rain Well-Known Member

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    Re: I hope Birmingham and West Ham do go back up

    If I understand your point correctly, you are not looking for fairness, you are looking for an advantage for BFC. Is this not exactly the opposite to your original point.
     
  17. Redstar

    Redstar Well-Known Member

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    Re: I hope Birmingham and West Ham do go back up

    I think his point is that teh relegated clubs are being rewarded for failure and poor planning by getting these parachute payments up to four years after they have gone down. It is madness. Spreading it around benefits no-one but at least all clubs would get the same if all three go back up. But then teh newly relewgated three would be getting £12/16 million more.
     
  18. Con

    Conan Troutman Well-Known Member

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    Re: I hope Birmingham and West Ham do go back up

    You've misunderstood my point then.

    I was just saying in response to archey that the extra money that we would receive from the relegated teams going back up would not make the playing field anymore level.
     
  19. Con

    Conan Troutman Well-Known Member

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    All that is irrelevant. West Ham received the astronomical TV money that is paid to all Premiership clubs and they received that for being in the Premiership. It is up to them how they spend it. If they go **** or bust to stay in the Premiership and don't allow for the fact that they have a strong possibility of being relegated that their is own mistake and they should pay for it. The blow should not be softened at the expense of other Championship clubs.
     
  20. RichK

    RichK Well-Known Member

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    Already has stopped. I believe the payments are no longer re-distributed, they just go back into the PL pot.
     

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