Parachute payments

[Lawnmower]

Given that they are creating a 2 tiered league and with 2 of the relegated sides almost certain to go up ( maybe 3 with Sheff Utd likely to be in a fairly average play-offs, what is the score with parachute payments next season and beyond.

There was talk of them being binned ?

Pity we wasted ours on wages for the likes of Bacuna, Murphy, Tomlin etc …

[goats]

Re: Parachute payments

Given that they are creating a 2 tiered league and with 2 of the relegated sides almost certain to go up ( maybe 3 with Sheff Utd likely to be in a fairly average play-offs, what is the score with parachute payments next season and beyond.

There was talk of them being binned ?

Pity we wasted ours on wages for the likes of Bacuna, Murphy, Tomlin etc …

Didn’t do us any good twice, just pisssed it up the wall. Probably would have gone bust without it mind. You already know Norwich and Watford will go back up next season, Burnely or Everton will also……same teams going up probably coming back again too.:shrug:

[dml1954]

Re: Parachute payments

Given that they are creating a 2 tiered league and with 2 of the relegated sides almost certain to go up ( maybe 3 with Sheff Utd likely to be in a fairly average play-offs, what is the score with parachute payments next season and beyond.

There was talk of them being binned ?

Pity we wasted ours on wages for the likes of Bacuna, Murphy, Tomlin etc …

You appear to be forgetting that Bournemouth came down two seasons ago, not last season and that West Brom, who came down last season, are nowhere near going straight back up this. Sheffield United have also struggled to adjust. Life in the Championship is not quite as comfortable for relegated teams as you make out.

[Ninian1962]

Re: Parachute payments

Given that they are creating a 2 tiered league and with 2 of the relegated sides almost certain to go up ( maybe 3 with Sheff Utd likely to be in a fairly average play-offs, what is the score with parachute payments next season and beyond.

There was talk of them being binned ?

Pity we wasted ours on wages for the likes of Bacuna, Murphy, Tomlin etc …

Tim

As part of the Fans Led Review of Football , which is due to come into legislation this year as it has cross party support, it is proposed that parachute payments will cease and be replaced by a more even distribution of money to Championship clubs.

Keith

[Lawnmower]

Re: Parachute payments

Tim

As part of the Fans Led Review of Football , which is due to come into legislation this year as it has cross party support, it is proposed that parachute payments will cease and be replaced by a more even distribution of money to Championship clubs.

Keith

Cheers Keith.

I guess this will take a couple of seasons to take effect though ?

[Lawnmower]

Re: Parachute payments

You appear to be forgetting that Bournemouth came down two seasons ago, not last season and that West Brom, who came down last season, are nowhere near going straight back up this. Sheffield United have also struggled to adjust. Life in the Championship is not quite as comfortable for relegated teams as you make out.

There are 4 teams with parachute payments, 2 possibly 3 will go up. The 2 confirmed have completely blown everyone else away in the transfer market.

It’s a massive advantage especially now when other clubs budgets are decimated due to the effects of COVID restrictions over the last 2 seasons and abs gambling is restricted by FFP

[willo1927]

Re: Parachute payments

Given that they are creating a 2 tiered league and with 2 of the relegated sides almost certain to go up ( maybe 3 with Sheff Utd likely to be in a fairly average play-offs, what is the score with parachute payments next season and beyond.

There was talk of them being binned ?

Pity we wasted ours on wages for the likes of Bacuna, Murphy, Tomlin etc …

None of those 3 were bought after with parachute payment money?

[NYCBlue]

Re: Parachute payments

Didn’t do us any good twice, just pisssed it up the wall. Probably would have gone bust without it mind. You already know Norwich and Watford will go back up next season, Burnely or Everton will also……same teams going up probably coming back again too.:shrug:

Teams like Fulham, West Brom, Norwich Bournemouth etc get promoted with pretty good footballing teams that can usually retain a solid core should they be relegated. Both times we went up we had to practically build a new team and when we consequently got relegated we had to do the same all over again.

[Lawnmower]

Re: Parachute payments

None of those 3 were bought after with parachute payment money?

Hence the emphasis on wages.
The parachute money was pissed up the wall by having a whole load of overpaid players here who were just not contributing.

Those 3 would have been costing us Ł4m a year alone

Some of the transfers in made it worse

[tforturton]

Re: Parachute payments

The Premier League is becoming more and more of a closed shop. There are a small group of teams who oscillate between the Premier and the Championship, but the rules re FFP mean that few teams can come up and compete - and that's just the way the Premier likes it. Come up here, we'll buy all your good players, now f*ck off back to where you came from.
I honestly believe that FFP is a deliberate ploy to prevent good teams competing at the top flight level.

[Pearcey3]

Re: Parachute payments

Given that they are creating a 2 tiered league and with 2 of the relegated sides almost certain to go up ( maybe 3 with Sheff Utd likely to be in a fairly average play-offs, what is the score with parachute payments next season and beyond.

There was talk of them being binned ?

Pity we wasted ours on wages for the likes of Bacuna, Murphy, Tomlin etc …

Something has to change. The massive advantage parachute payments now give relegated PL clubs is ridiculous. The number of Championship clubs in huge debt is getting silly. It seems a question of who will be the next Derby.

[The Lone Gunman]

Re: Parachute payments

The massive advantage parachute payments now give relegated PL clubs is ridiculous.

Some of the teams who have benefitted from parachute payments since the new system was introduced in 2015/16:

Bolton Wanderers, Blackburn Rovers, Reading, Wigan Athletic, QPR, Hull City, Sunderland, Middlesbrough, Swansea City, Stoke City, West Brom, Huddersfield Town and, of course, Cardiff City.

Perhaps they're not the enormous advantage some assume them to be.

[The Lone Gunman]

Re: Parachute payments

The Premier League is becoming more and more of a closed shop.

Do you say that simply because the club you support has messed up its two opportunities in the top flight, or are you basing that belief on any actual evidence?

[sneggyblubird]

Re: Parachute payments

Clubs would go bust left right and centre without them.Many of the players they bring down with them also struggle despite being on prem wages,us and Stoke being 2 examples,yet they still have to honour their contracts.

[cyril evans awaydays]

Re: Parachute payments

Some of the teams who have benefitted from parachute payments since the new system was introduced in 2015/16:

Bolton Wanderers, Blackburn Rovers, Reading, Wigan Athletic, QPR, Hull City, Sunderland, Middlesbrough, Swansea City, Stoke City, West Brom, Huddersfield Town and, of course, Cardiff City.

Perhaps they're not the enormous advantage some assume them to be.

Think some of those mentioned benefitted from the four year parachute payment system which started in 2005/06. By my calculation under that system only one in three teams got promoted again within the period they were in receipt. Under the three year system it has gone up to two in three.

As Tim says, we seem to have wasted a lot on expensive 2nd rate signings that had no resale value to Premier League teams, several of whom are still on our books. The exception was probably Decordova Reid who couldn't hold down a regular slot in a Warnock team.