parachute payments last for 3 years unless they win promotion, in which case they won't need them.Looking ahead to the teams in the Championship next season. We can once again expect the teams with parachute payments to be challenging to return to the PL.
There may be one exception .....Burnley. Under the terms of the buy out of the club, who's owners used a leverage process [similar to the Glaziers]. The cost of £65M has been placed on the club as a loan. Under the terms of the loan, which has an annual interest rate of Libor + 8% and is due to be repaid in December 2025 IF the club remained in the PL.
However, a clause in the loan terms state that if the club is relegated then the £65M is due for repayment during the year following their relegation. Therefore, if I understand this correctly, then the parachute payment of circa £45M could be used for repayment & we could expect a sell off of players.
This would not solve all their problems, as Burnley's wage bill will be significantly large and they'll have a big loss being incurred. The question for the owners is:
"Do they seek repayment of the loan now or do they gamble on getting promoted next season and seek to recoup the money and interest payments that way".
West Brom winning... again...
This will be 8 wins out of last 9 if they hold on.
Unbelievable run.
He's a top player .only bitter fans seem to have it in for himMaatsen has scored both Burnley goals away at Swansea.
He's a top player .only bitter fans seem to have it in for him
No end product according to some.
4 goals and 4 assists from left back.
Wish we had defenders with such poor end product
Last season it was 1 goal and 1 assist from left wing back. His other goals and assists came when he played as an ACM.No end product according to some.
4 goals and 4 assists from left back.
Wish we had defenders with such poor end product
Last season it was 1 goal and 1 assist from left wing back. His other goals and assists came when he played as an ACM.
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Last season it was 1 goal and 1 assist from left wing back. His other goals and assists came when he played as an ACM.
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Too factual that - also the small matter he’s in a team with a premier league budget running away with the league
The excellent pre World Cup form will keep us out of the drop zone and if the takeover is confirmed and the squad reinforced, we ought to steer clear of danger. But if it isn't and we limp on with barely a starting XI, it's going to be uncomfortable. 5 more wins from 20 odd games is hopefully not beyond us even in the worst case scenario.Wigan and Rotherham look in serious trouble.
Cardiff look to have issues as they have 3 more transfer windows they are 'blocked' from.
Birmingham also seem to be hitting issues with injuries and some of their loan players potentially leaving, together with owners who won't help them (plus a ground falling down)
At the moment, I am still looking at the wrong end of the table, until we have enough points/players to ensure safety.
The other day you said budgets are irrelevant
That's the problem when you consistently make such outrageous comments, they often end up contradicting whatever latest point you're trying to make.
well you’ve got @covcity4life backing you so I guess that says it all
Yes that is true, but still has 4 goals and 4 assists from left back this season which is still very impressive
Grow upwell you’ve got @covcity4life backing you so I guess that says it all
And has nothing to do with us?
It's a very simple question.
Do budgets matter or not?
I guess it depends on whatever stupid point you're trying to make at the time.
not in the match day squad, got a note from his mum again!Can’t see JCS out there and looked on live score and it doesn’t show him injured.
Can’t see JCS out there and looked on live score and it doesn’t show him injured.
Strange never coped at this levelJCH going to Sunderland apparently. Good signing for them.
He’s only had one season in the Championship recently and wasn’t terrible and his record in League is very good.Strange never coped at this level
He’s only had one season in the Championship recently and wasn’t terrible and his record in League is very good.
He’s only had one season in the Championship recently and wasn’t terrible and his record in League is very good.
Sunderland are better than them and you can’t deny he has skills. Shame it didn’t work hereHis numbers in the championship were hugely inflated by penalties. He's ok at the level, but he's not gonna push any team into the play offs based on how he played for P'boro.
Maybe we can get him here to take spot kicksHis numbers in the championship were hugely inflated by penalties. He's ok at the level, but he's not gonna push any team into the play offs based on how he played for P'boro.
Where have you heard this mate? I’d be disappointed if we signed him tbh although our only forward is Stewart atm.JCH going to Sunderland apparently. Good signing for them.
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