Newcastle's parachute payments. 12:47 - Apr 28 with 2755 views | LankHenners | As they went back up on the first time of asking, do their remaining payments get spread out across the rest of the Championship clubs or the Premiership clubs? I had it in my head it was the latter but I've seen a fair bit of dispute over this so can anyone clarify? | |
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Newcastle's parachute payments. on 12:51 - Apr 28 with 2743 views | PhilTWTD | If I remember rightly they get shared out by the other parachute clubs. Was certainly the case a few years back when Norwich got £27m rather than £24m as QPR had gone back up. This may have changed though with the latest agreement. | | | |
Newcastle's parachute payments. on 12:54 - Apr 28 with 2715 views | Superfrans |
Newcastle's parachute payments. on 12:51 - Apr 28 by PhilTWTD | If I remember rightly they get shared out by the other parachute clubs. Was certainly the case a few years back when Norwich got £27m rather than £24m as QPR had gone back up. This may have changed though with the latest agreement. |
This means Norwich and Villa get more money? Or the three clubs coming down this season get more money? | |
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Newcastle's parachute payments. on 13:01 - Apr 28 with 2674 views | LankHenners |
Newcastle's parachute payments. on 12:51 - Apr 28 by PhilTWTD | If I remember rightly they get shared out by the other parachute clubs. Was certainly the case a few years back when Norwich got £27m rather than £24m as QPR had gone back up. This may have changed though with the latest agreement. |
Thanks, I was going to ask Superfrans' question as well but in other words we won't see anything from it? I'd have thought we'd all be more aware of it if that was the case. [Post edited 28 Apr 2017 13:01]
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Newcastle's parachute payments. on 13:07 - Apr 28 with 2650 views | PhilTWTD |
Newcastle's parachute payments. on 12:54 - Apr 28 by Superfrans | This means Norwich and Villa get more money? Or the three clubs coming down this season get more money? |
Actually appears to have changed since then, the money is - or at least was a couple of years ago - now split among Premier League clubs. Obviously they need it very badly indeed. http://www.birminghammail.co.uk/sport/football/football-news/aston-villa-fans-pr | | | |
Newcastle's parachute payments. on 13:26 - Apr 28 with 2555 views | LankHenners |
Thanks Phil, I guess they've got to pay for the production of those half-and-half scarves somehow. | |
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Newcastle's parachute payments. on 13:35 - Apr 28 with 2512 views | No9 | Which ever it is not acceotable they get money for failure, the entire sytem needs changing. | | | |
Newcastle's parachute payments. on 13:38 - Apr 28 with 2495 views | Superfrans |
Ridiculous. The whole system is screwed, if that's what happens... Leyton Orient could be bought back for their fans for a fraction of that. Quite ridiculous. [Post edited 28 Apr 2017 13:38]
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Newcastle's parachute payments. on 14:21 - Apr 28 with 2400 views | Deano69 |
Yes, it would be a shame to keep it in the Championship when some of those Premier League Players are down to their last Lamborghini | |
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Newcastle's parachute payments. on 14:28 - Apr 28 with 2386 views | GeoffSentence |
Newcastle's parachute payments. on 13:35 - Apr 28 by No9 | Which ever it is not acceotable they get money for failure, the entire sytem needs changing. |
The whole raison d'etre behind the parachute payments is to stop clubs who get relegated getting into terrible financial trouble and came about after a season when all three relegated clubs went into admin, Leicester, Derby and , oh, us. Payments for failure they may be, but parachute payments are important, it is just that the scale of them now doesn't just keep relegated clubs out of trouble they give them a massive leg up at the same time. | |
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Newcastle's parachute payments. on 15:01 - Apr 28 with 2355 views | No9 |
Newcastle's parachute payments. on 14:28 - Apr 28 by GeoffSentence | The whole raison d'etre behind the parachute payments is to stop clubs who get relegated getting into terrible financial trouble and came about after a season when all three relegated clubs went into admin, Leicester, Derby and , oh, us. Payments for failure they may be, but parachute payments are important, it is just that the scale of them now doesn't just keep relegated clubs out of trouble they give them a massive leg up at the same time. |
I do understand the reason for parachute payment but also believe they are part of the reason clubs / owners have become irresponsible in their commercial dealings. I also believe the FA should have done more to stop this type of thing. You may know but I don't, do parachute payments happen anywhere else? | | | |
Newcastle's parachute payments. on 16:00 - Apr 28 with 2283 views | ElderGrizzly |
Newcastle's parachute payments. on 15:01 - Apr 28 by No9 | I do understand the reason for parachute payment but also believe they are part of the reason clubs / owners have become irresponsible in their commercial dealings. I also believe the FA should have done more to stop this type of thing. You may know but I don't, do parachute payments happen anywhere else? |
They happen here apparently... | | | |
Newcastle's parachute payments. on 16:10 - Apr 28 with 2264 views | Radlett_blue |
Newcastle's parachute payments. on 15:01 - Apr 28 by No9 | I do understand the reason for parachute payment but also believe they are part of the reason clubs / owners have become irresponsible in their commercial dealings. I also believe the FA should have done more to stop this type of thing. You may know but I don't, do parachute payments happen anywhere else? |
If parachute payments were abolished, almost every club relegated from the PL would then go into admin the next season. Easy to say that the TV money could be distributed more equitably, but the big boys won't have that. This season, like most, many complain about how unfair the parachute payments are but, again, only 1 of the 3 relegated clubs has bounced back. Of course, the real knock-on effect of huge parachute payments is an unsustainable rise in wages & transfer fees paid in tier 2. And that's partly why Evans has given up on investing in Town. | |
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Newcastle's parachute payments. on 16:25 - Apr 28 with 2227 views | monty_radio |
Newcastle's parachute payments. on 16:10 - Apr 28 by Radlett_blue | If parachute payments were abolished, almost every club relegated from the PL would then go into admin the next season. Easy to say that the TV money could be distributed more equitably, but the big boys won't have that. This season, like most, many complain about how unfair the parachute payments are but, again, only 1 of the 3 relegated clubs has bounced back. Of course, the real knock-on effect of huge parachute payments is an unsustainable rise in wages & transfer fees paid in tier 2. And that's partly why Evans has given up on investing in Town. |
i imagine there must be some level of governance by the Premier if they're dishing out large sums over a season and more, but it obviously needs to be greater if clubs like Portsmouth run themselves into the ground notwithstanding the big assist. | |
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Newcastle's parachute payments. on 16:37 - Apr 28 with 2208 views | Superfrans |
Newcastle's parachute payments. on 16:10 - Apr 28 by Radlett_blue | If parachute payments were abolished, almost every club relegated from the PL would then go into admin the next season. Easy to say that the TV money could be distributed more equitably, but the big boys won't have that. This season, like most, many complain about how unfair the parachute payments are but, again, only 1 of the 3 relegated clubs has bounced back. Of course, the real knock-on effect of huge parachute payments is an unsustainable rise in wages & transfer fees paid in tier 2. And that's partly why Evans has given up on investing in Town. |
I do get the reason for parachute payments and accept they're probably necessary. But to redistribute what would be £25m next season back to clubs who don't need it (and aren't expecting it) is just bonkers, when a windfall like that could save a club at the lower levels. It would follow a similar principle that surrounds the PO Final receipts, which all go to the losing team, on the basis that the winner doesn't need the money... | |
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Newcastle's parachute payments. on 13:06 - Apr 29 with 1862 views | The_Romford_Blue |
That is a disgrace. I hate the premier league. I hate Sky sports. | |
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