Parachute payments to go over £60m (4 Viewers)

In 2010, the Football League voted to accept parachute payments from the Premier League over four years instead of two.
The Premier League reportedly planned to stop solidarity payments, a figure distributed among the 72 clubs in the Football League, if those clubs rejected the proposal.
The revised payments meant that instead of clubs relegated from the Premier League receiving £16m a year for two years, they received £48m spread over four years - £16m per season for the first two seasons, then a further two payments of £8m per season.



They had the championship over a barrell, and offered a token increase on the solidarity payments...... It needs to change, we cant keep on having the rich getting richer....

SkyBlueScottie said:

In 2010, the Football League voted to accept parachute payments from the Premier League over four years instead of two.
The Premier League reportedly planned to stop solidarity payments, a figure distributed among the 72 clubs in the Football League, if those clubs rejected the proposal.
The revised payments meant that instead of clubs relegated from the Premier League receiving £16m a year for two years, they received £48m spread over four years - £16m per season for the first two seasons, then a further two payments of £8m per season.



They had the championship over a barrell, and offered a token increase on the solidarity payments...... It needs to change, we cant keep on having the rich getting richer....

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To be fair, we were one of the founder members, and if still there wouldn't give a fuck about anybody else.

Brighton Sky Blue said:

Probably true. Still, if Wolves or Blackburn get relegated again they will have £16m to play with from a single parachute payment alone-roughly 4 times our annual wage bill!

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Yes but there wage bill is probably 10 times ours

yes but you can only pay shit players shit wages

Most of the parachute payment goes to inflated salaries, look at recently relegated prem clubs and they don't tend to set the championship alight, Wolves, Blackburn, Birmingham all have imo vastly overrated and overpaid players and can't get rid of them.

lordsummerisle said:

To be fair, we were one of the founder members, and if still there wouldn't give a fuck about anybody else.

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this is true, however the position is becoming more and more entrenched ,making the term "competition "defunct.

Luckily for us RR voted for the last increase to £48M. with the reward that Championship teams gained an extra Million,but no such succour for the teams of Div3 and lower. Well we got it for one season.

Tis a disgrace in reality ,devide and conquer.

It won't matter that much next season because of FFP it's not about how much you spend it's about what you get for your money. Teams that splash the cash all at once hardly ever have success. Man city have wasted so much money sure they have won the BPL but so much money wasted as well. QPR are going to be in deep trouble, Leicester can't get up despite over 60 million invested over 3 years, Liverpool spent 100mil last season still are mid table, Chelsea have spent millions aren't even close to BPL title. It doesn't matter how much money you have if we go up we will have a team togetherness as we will have built a team with good signings and a winning mentality will help in the championship. Unlike the teams relegated from the BPL who will have a losing mentality and over paid players who don't care about the club.

Very true about money Southampton have gone up 2 divisions in 2 years and look like staying in the prem for another year. Without spending shed loads of money, yet sacked the manager who guided them to their promotions

rupert_bear said:

Very true about money Southampton have gone up 2 divisions in 2 years and look like staying in the prem for another year. Without spending shed loads of money, yet sacked the manager who guided them to their promotions

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They did spend a reported £12m on Ramirez and £6-7m on Rodriguez, £16m for Yoshida as well as 5-6 other signings.

Thatcherism for you - unburdened capitalism for the benefit of the rich. Premiership football perfectly replicates the society that we would end up with! Altruism doesn't work as well as it should