| The Championship has become the division of financial strain and distress. 21:48 - Apr 30 with 2602 views | MaySixth |
The majority of its 24 clubs are now conditioned to accept loss-making. Money spent on wages consistently – and comfortably – exceeds the collective revenue each year. |  |
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| The Championship has become the division of financial strain and distress. on 21:53 - Apr 30 with 2544 views | MaySixth |
The average wage bill of a club not receiving parachute payments is probably around the £22million mark. Most clubs won’t see that in their turnover | |
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| The Championship has become the division of financial strain and distress. on 21:54 - Apr 30 with 2540 views | MaySixth |
| The Championship has become the division of financial strain and distress. on 21:53 - Apr 30 by MaySixth |
The average wage bill of a club not receiving parachute payments is probably around the £22million mark. Most clubs won’t see that in their turnover |
Let’s say the average Championship club is given around £8million a year from media rights and has a turnover of between £15m and £20m. It’s tough just to compete. You’re up against at least five clubs with parachute money and then the other clubs throwing money at it, your wage bill has to be at least 100 per cent of our turnover. | |
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| The Championship has become the division of financial strain and distress. on 21:59 - Apr 30 with 2498 views | MaySixth |
| The Championship has become the division of financial strain and distress. on 21:54 - Apr 30 by MaySixth |
Let’s say the average Championship club is given around £8million a year from media rights and has a turnover of between £15m and £20m. It’s tough just to compete. You’re up against at least five clubs with parachute money and then the other clubs throwing money at it, your wage bill has to be at least 100 per cent of our turnover. |
FFP is well intentioned but needs to be examined. Derby, Sheffield Wednesday and Reading have all sold assets to owners to get around the ruled, which is the opposite of "sustainable". Meanwhile, teams who try to cheat unsuccessfully are punished, while those who successfully cheat are rewarded. Bournemouth paid a £4.75m fine for breaches in their 14/15 promotion season which is laughable; they should have had the book thrown at them to show cheating never pays. The EFL and PL need to agree a system to work together.
Parachute payments should also be cut (not to nil; maybe 50%) and distributed to the league more widely. People say they are essential, but what happened to using player sales as a revenue source. Why should they subsidise a club like Forest keeping hold of PL standard players such as Gibbs-White and Johnson, when they could easily generate £50m to help cover the wage bill. | |
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| The Championship has become the division of financial strain and distress. on 22:26 - Apr 30 with 2343 views | Guthrum |
| The Championship has become the division of financial strain and distress. on 21:59 - Apr 30 by MaySixth |
FFP is well intentioned but needs to be examined. Derby, Sheffield Wednesday and Reading have all sold assets to owners to get around the ruled, which is the opposite of "sustainable". Meanwhile, teams who try to cheat unsuccessfully are punished, while those who successfully cheat are rewarded. Bournemouth paid a £4.75m fine for breaches in their 14/15 promotion season which is laughable; they should have had the book thrown at them to show cheating never pays. The EFL and PL need to agree a system to work together.
Parachute payments should also be cut (not to nil; maybe 50%) and distributed to the league more widely. People say they are essential, but what happened to using player sales as a revenue source. Why should they subsidise a club like Forest keeping hold of PL standard players such as Gibbs-White and Johnson, when they could easily generate £50m to help cover the wage bill. |
You're missing the point of parachute payments, which are to ensure that any "big teams" run less risk of falling out of "the club".
Also FFP, which is to make it look like they're doing something, without getting too much in the way of "big teams" who wish to spend huge sums. |  |
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| The Championship has become the division of financial strain and distress. on 22:38 - Apr 30 with 2257 views | bournemouthblue |
CoVid has hit the Championship particularly hard, which is why it has been weaker |  |
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| The Championship has become the division of financial strain and distress. on 23:17 - Apr 30 with 2142 views | jayessess |
| The Championship has become the division of financial strain and distress. on 21:54 - Apr 30 by MaySixth |
Let’s say the average Championship club is given around £8million a year from media rights and has a turnover of between £15m and £20m. It’s tough just to compete. You’re up against at least five clubs with parachute money and then the other clubs throwing money at it, your wage bill has to be at least 100 per cent of our turnover. |
Championship Broadcast Income last year:  |  |
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| The Championship has become the division of financial strain and distress. on 23:19 - Apr 30 with 2127 views | MaySixth |
| The Championship has become the division of financial strain and distress. on 23:17 - Apr 30 by jayessess |
Championship Broadcast Income last year: |
What I do not understand is why does The Championship generate such low revenue?
From what I've read, a Championship club gets around £8mil, of which 4.5mil comes from the PL. A collective £330mil vs £2.3bn just seems like too much of a gap (or am I over-romanticising it?). Again with sponsorship, the numbers are £187.3mil vs £1.6bn.
Whilst the PL will obviously be ahead, it feels like the EFL has a bit of a "small man complex", even though it is reported to have an overseas audience of 500mil each year.
Attendances are the 7th highest in the world, there are over 1000 games/season and the leagues are always so exciting. How is that not a marketable product that generates revenue more than 15% of the PL? (and we've not even discussed iFollow)
I just think the EFL has a better 'product' than it thinks. | |
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| The Championship has become the division of financial strain and distress. on 01:18 - May 1 with 1883 views | Jambo |
| The Championship has become the division of financial strain and distress. on 23:19 - Apr 30 by MaySixth |
What I do not understand is why does The Championship generate such low revenue?
From what I've read, a Championship club gets around £8mil, of which 4.5mil comes from the PL. A collective £330mil vs £2.3bn just seems like too much of a gap (or am I over-romanticising it?). Again with sponsorship, the numbers are £187.3mil vs £1.6bn.
Whilst the PL will obviously be ahead, it feels like the EFL has a bit of a "small man complex", even though it is reported to have an overseas audience of 500mil each year.
Attendances are the 7th highest in the world, there are over 1000 games/season and the leagues are always so exciting. How is that not a marketable product that generates revenue more than 15% of the PL? (and we've not even discussed iFollow)
I just think the EFL has a better 'product' than it thinks. |
For every club like us or Derby, Sheff Weds there are three sh1tkickers like Rotherham, Accrington or Oxford.
Try marketing them! 🤣 |  | | |
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| The Championship has become the division of financial strain and distress. on 07:28 - May 1 with 1578 views | HighgateBlue |
| The Championship has become the division of financial strain and distress. on 23:17 - Apr 30 by jayessess |
Championship Broadcast Income last year: |
Financial Fair Play, Lol.
Parachute payment is a misnomer. It should be called a bungee payment! |  | | |
| The Championship has become the division of financial strain and distress. on 08:29 - May 1 with 1406 views | MaySixth |
| The Championship has become the division of financial strain and distress. on 07:28 - May 1 by HighgateBlue |
Financial Fair Play, Lol.
Parachute payment is a misnomer. It should be called a bungee payment! |
FFP : Financial Failure Payment | |
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| The Championship has become the division of financial strain and distress. on 08:46 - May 1 with 1338 views | jayessess |
| The Championship has become the division of financial strain and distress. on 07:28 - May 1 by HighgateBlue |
Financial Fair Play, Lol.
Parachute payment is a misnomer. It should be called a bungee payment! |
You look at the revenues of the bigger Championship clubs in 2021-22 and the parachute payments are 2/3 times bigger on their own - here's Middlesbrough (a bigger hitter for the level):
And Bristol City:
I'd imagine our revenues would look similar to these two in the Championship.
You're basically hoping to be the best of the non-parachute teams and crossing your fingers that one or two of the relegated teams stuff up. | |
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