Keith Hill says Barnsley didn't receive any parachute payments in 1998.

Discussion in 'Bulletin Board ARCHIVE' started by Gordon Owen, Sep 20, 2012.

  1. Gordon Owen

    Gordon Owen Well-Known Member

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    via Rob Staton on twitter.

    Suppose the invisible man was the only one to confirm that, Cryne and Rowing weren't around.
     
  2. Tyk

    Tyketical Masterstroke Well-Known Member

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    He is correct

    They started in 2006/07 season.
     
  3. Sco

    Scoff Well-Known Member

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    A quick search couldn't find when they started, but the amount of payments are vastly greater than anything we might have got back in the day. Its now £48 million over 4 years - or probably 2-3 times our entire budget per season on top of normal income.
     
  4. Jay

    Jay Well-Known Member

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  5. Tyk

    Tyketical Masterstroke Well-Known Member

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    Re: He is correct

    Fair enough, that's a good find.
     
  6. TonyTyke

    TonyTyke Well-Known Member

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    I'm sure I remember both John Dennis and Dave Bassett talking about them.
     
  7. Dys

    Dyson Well-Known Member

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    Re: He is correct

    £48 million extra over 4 years?

    So Blackburn stay down for the next 3 years, they'll get an extra £48 million than us because they used to be in the Prem? Mental.

    We did get the payments, fair enough, but his point is still valid.
     
  8. Mr C

    Mr C Well-Known Member

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    We got some money, nothing like what it is now, it's how we bought Hignett & Dyer etc. John Hendrie signings. That and the 1m for Redfearn. Only problem was paying them in the long term.

    You could argue that what subsequently happened to us - relegation, admin, dodgy ownwership etc and other clubs - prompted the increase in parachute payments, or to put it another way, distribution of premiership profits - to protect clubs from similar fates. It's like rehab for junkie football clubs, Portsmouth being the hopeless terminal addict.
     
  9. Jay

    Jay Well-Known Member

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    Re: He is correct

    It is valid, I agree.

    Although I'm afraid I don't believe him when he says he'd be kicking up the same fuss if he was the manager of Blackburn. Would he not spend the money on principle? Or would he do exactly the same as Steve Kean is doing?
     
  10. Dys

    Dyson Well-Known Member

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    Re: He is correct

    Ar Keef has principles.
     
  11. EastStander

    EastStander Active Member

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    Re: He is correct

    The idea of the parachute payments is that players have much bigger contracts in Premier League, it's to prevent clubs going out of business if they can't off load those players on longer term contracts. When a club can buy a player for £8m just after getting relegated it does make you wonder if they are required anymore. Perhaps it would be better if a ruling came in that all players had clauses in their contracts that salary would reduce if the club is relegated.
     
  12. Jay

    Jay Well-Known Member

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    Re: He is correct

    Without a doubt. And he's not shy about letting us know about them. But on this point I think he's pushing things some what.

    He's got the media talking about the issue which is a good thing. Although I haven't heard any other managers come out to back him up, which is a shame.
     
  13. Whi

    Whitey Guest

    Re: He is correct

    Good ol Keith.

    #deflectingattention
     
  14. Con

    Conan Troutman Well-Known Member

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    We received £2m in the 1998-9 and 1999-2000 seasons.

    That's why things went a bit belly up after the play off season.
     
  15. LiverpoolRed

    LiverpoolRed Well-Known Member

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    Wasn't one of the reasons that the digital deal collapsed and we lost a lot of income. We knew that was coming and it was withdrawn
     
  16. Merde Tete

    Merde Tete Well-Known Member

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    one vitally important change that nobody has mentioned....

    ...is that until a couple of seasons ago if a club went back up while they were still receiving parachute payments their share was split between the rest of the division. Now I am pretty sure it goes back into the Premier League pot. The two million or so that it would probably equate to now if Blackburn for example went up would be a drop in the ocean to someone like Leicester, but would make a huge difference to us or Millwall. One of the few equitable redistributions of money has been done away with on the quiet.
     
  17. Con

    Conan Troutman Well-Known Member

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    Re: one vitally important change that nobody has mentioned....

    Excellent point.
     
  18. Con

    Conan Troutman Well-Known Member

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    I was thinking more of the 2000-1 season when we sold Hignett, couldn't sign John Curtis and had to bring in dross like Carl Regan and Lee Jones.

    The ITV digital was the final nail.
     
  19. Whi

    Whitey Guest

    To be fair to Lee Jones, he was decent when he was selected.
     
  20. Con

    Conan Troutman Well-Known Member

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    Not as good as Neil Shipperley but better than Dagnall.
     

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