Hi, I have to write this essay discussing the subject of money ruining the 'beautiful game'. Has anyone got any facts, opinions and alternative views on the positive effects of money influencing football? I would be very grateful if anyone could provide me with any information for my research. Many thanks, Will.
The figures below show the chasm that exists in football. Add mega rich owners into the mix and you have a a gap almost impossible to cross. I don't have the URL but it was published on here recently. Parachute Payments are now paid for 3 years to Clubs relegated from the Premier League, although this is restricted to 2 years if the Club only stayed up in the PL for 1 season, i.e. Norwich will only be due to receive 2 years of Parachute payment. • Year 1 – 55% of PL Club Broadcasting distribution receipts • Year 2 – 45% of PL Club Broadcasting distribution receipts • Year 3 – 20% of PL Club Broadcasting distribution receipts Solidarity payments (received by all EFL clubs who are not in receipt of Parachute Payments) are now formula driven with a direct link to the Parachute payment made to a Year 3 Parachute Club as follows: • Championship : 30% of Year 3 • League 1 :4.5% of Year 3 • League 2: 3% of Year 3 So in terms of overall financial distributions, there are no ladder payments linked to final league positions, instead all EFL clubs receive an equal share of what is called 'facility fees' which encompass broadcasting revenue, which for the current 16/17 season is as follows: Facilities Fees (per club - '000) • Championship - £2.084m • League 1 - £677k • League 2 - £472k In addition, the EFL and Premier League have a separate agreement with regards to solidarity payments as referred to above. Currently all clubs in the EFL (and not in receipt of Parachute Payments) therefore also receive a share of the solidarity money as follows: Solidarity (per club - '000) • Championship - £4.3m • League 1 - £645k • League 2 - £430k Clubs also receive money from individual live TV broadcasts as follows: TV Broadcast fees per match (per club - '000) Championship - Home Club £100k (rises to £120k and £140k if TV game is on Sundays or Thursdays respectively), away club £10k League One - Home club £30k, away club £10k League Two - Home club £30k, away club £10k
