Championship solidarity payment

Apologies if this has already been mentioned. Decent monetary reward for our efforts of the last couple of seasons.

http://www.rothbiz.co.uk/2016/04/news-4895-rotherham-uniteds-financial.html?m=1

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With Newcastle looking like going straight back up, and hopefully Fulham nicking play off spot, then we should see some money next season from their parachute payments being spread amongst the league clubs. Good news!

Looks like the championship will be a weaker league, certainly on paper, with the clubs looking like dropping down from premiership and coming up from L1.

If we get summer recruitment right, then we could be on for an even better campaign next year.

4 key permenant signings for me. Left back, centre mid, Winger and striker. If we fill those with some proper championship class, keep hold of the current squad, and cherry pick the best premiership loans going next season (as well as picking up a few lower league lads the recruitment team believe have premiership potential), then we could be in for a cracker.

 

I actually heard it mentioned by a commentator on a sky game a few weeks back.

He said the around £5 million for staying up and £1 million for getting relegated to league one, but I've been struggling to find any further info about it.

It's a fair old splodge of money to add to the increased income from this season.

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It will certainly help towards us breaking even......

 

I think it's a good job that we got promoted when we did - hopefully we can hang around for at least a couple more seasons and start to establish ourselves here again. I wouldn't be surprised to see the gap between the Championship and League 1 to open up over the next few years - £6.5-7m is a considerable amount of money to be raking in per season when you're a club like us or smaller, and will start to give established Championship clubs relegated to League 1 an important advantage.

 

I'd like us to buy a big, mobile beast who can pass it 10 yards to play in the middle of the park and a big, strong, fast target man up top.

 

Seems like premierleague changed the rules on parachute payments this season. From 4 to 3 years, and increased the solidarity payments to a fixed percentage of a year 3 parachute payment (which is based on the new TV deal)

http://www.fcbusiness.co.uk/news/ar...+increase+football+league+solidarity+payments

Can see why likes of Villa and Norwich will be financially screwed if they don't go up in next 2 seasons. And given the number of clubs that will be relying on parachute payments to stay afloat then can see one or two more going the way of Wigan and Forest.

Makes me incredibly thankful that we have people running our club who understand the financial risks and what it requires to keep a small town club like ours afloat. Robert Zuk plays a very important role in our club. No doubt some on here know more than he, and could probably do a better job mind...

 

I'd like to see the parachute payment period cut down to a single season, or done away with completely.

That would ruffle some feathers

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We only got parachute payments for two seasons didn't we? That's what made failing at Wembley in 2000 such a big disaster.

 

Same here. Must be the only time you get rewarded for failure.

 

Their way of keeping things as they are. They'd probably scrap relegation if they had half a chance.

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Didn't the Bolton chairman try for that shortly before they were relegated ...

 

seems to me that the lower 2 divisions are getting more and more alienated

 

They also get an improved solidarity payment, as set percentages based on the value of the tv deal.

Far smaller percentages mind, but it is a small tiny step by the greed league to let a tiny amount trickle down to the lower leagues.

Still think far more needs to be distributed to a far wider level.

 

Yeah I agree, but at the same time the money is a nice financial carrot to inspire a club to aim for the league above.

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Also clubs who are relegated after only one season in the premier league will only get parachute payments for two years.

 

Huddersfield have used the increased championship income really well. They could have gone down on the day our great escape. Survival and another 3 years of consolidation with the TV income, and admittedly help from Hoyle their chairman, and they're now investing in players/wages that have contributed to where they are today. If we can simply consolidate with another 2 or 3 years of championship money top of the income from this season we could well be debt free and still a competitive club. If the club decide to veer away from the current recruitment policy (which I don't have any issue with), I'd argue it's more viable on that time frame. Totally dependent on us staying in the Championship mind.

 

Poor buggers! You've got to feel for em haven't you?

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My heart bleeds daily.

 

So even more money to come in, and we still haven't got Scowen and Watkins signed to new contracts.