Swansea's accounts

[Rjk]

If wages, fees and football in general was priced correctly parachute payments wouldn't be needed

Just serves to keep the big clubs big

Swansea are crap but manage to get results.

Yeah parachute payments are a terrible idea, designed to make it much more likely that the premier league clubs come back up.

The last 2 seasons 4 out of the final top 6 had parachute payments. It'll probably be a similar story next season.

The clubs coming down will get something like £42m the first season, 35 million the second and 15 the third (if they've been in the premier league more than one season).


Compare that with a club like Brentford, who's entire income is about 15m, other clubs are getting multiple times that, just from parachute payments.


They say that it's to make sure that clubs don't go bust having to maintain player salaries after relegation - instead they could make it compulsory for all players to have 50% relegation salary reductions or something lke that - then distribute the money fairly