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Jewell: Clubs Gambling to Get in Premier League
Friday, 21st Sep 2012 06:00

Town manager Paul Jewell believes there are clubs in the Championship gambling their futures on winning promotion to the Premier League. Despite Championship sides voting in favour of Financial Fair Play rules ultimately aimed at keeping spending within their turnover, plenty of clubs have been splashing very significant cash this summer.

Blackburn led the way, paying Huddersfield £8 million for former Blue Jordan Rhodes, while Nottingham Forest, Bolton, Wolves and Cardiff were also amongst the division’s big spenders during the close season.

Jewell warns that some clubs may pay the price further along the line: “There are a lot of teams in our division now with their eggs in one basket and if they don’t go up I think we could see a few more teams à la Portsmouth.”

Although the Financial Fair Play rules came in this season, there will be no sanctions for breaking them for two years and clubs will be allowed to spend beyond their turnover by amounts decreasing annually until 2015/16.

The Town manager’s comments echo those made by chief executive Simon Clegg when speaking to TWTD in May: “You’re playing a very, very high risk game if you chase [the Premier League] dream based on the principle that there will be no sanctions for two years and you don’t achieve it, because you could end up being placed in a very difficult financial situation where you have to break even at that point.”

The Blues’ biggest fee this summer was the £1.5 million rising to £2.5 million paid to Peterborough for Paul Taylor, a figure somewhat dwarfed by some of the spending elsewhere.

Jewell says the Championship is a very tough division with plenty of clubs believing that the Premier League is their natural home: “It’s as difficult a league to get to the top of as you’re going to come across throughout Europe.

“There are 18 teams in this league that have been in the Premier League at one stage or another and a lot of them have been in the Premier League a lot more recently than we have.

“We have no God-given right because we’ve got tradition and history. That’s the same with most clubs in this league. It’s up to us to do it now and create more history in the coming years rather than looking back.”


Photo: Action Images



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BongoSponglemeister added 06:19 - Sep 21
See below for a barrage of whining.
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bedsitfc added 06:23 - Sep 21
bolton and wolves have premier saftey net and prob 5 £5m + assets on the pitch to sell if they need to so they should be ok.
ME could raise the amount of sponsorship to cover any short fall but its easy for me to say its not my money and i am following my heart not my head.
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walberswick added 06:59 - Sep 21
“There are a lot of teams in our division now with their eggs in one basket and if they don't go up I think we could see a few more teams with more eggs than they really need"
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Michael11 added 07:00 - Sep 21
Nice way to try and justify why we are second bottom there Jewell. trying to take the pressure off yourself by saying we're financially in a better state because we're not spending money we badly need on new players! Idiot
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Langdon_Blue added 07:08 - Sep 21
I like you Mr Jewell and really hope things start to recover from tomorrow, but I don't think you should be focusing on other clubs business at the moment... We have problems of our own..BIG problems!
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StanwayBlue added 07:14 - Sep 21
Michael, he is not an idiot! He is right!! There are more clubs gambling than there are promotion places in the next two years. I would rather be supporting a club that has a bit of hope in ten years time than no club at all!
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apm_77 added 07:14 - Sep 21
And Town are probably the most guilty of this! We now owe our Majority Shareholder closer to £70m, almost double the amount it cost him to buy our debts and invest an original £12m in the playing staff. Millions wasted on the likes of Priskin, Norris, McAuley, Fulop, the list goes on! Countless expensive loan signings, contracts paid up to get rid of high earners. All this presided over by a clueless CEO who's happy to point out that the South Stand is at least clean and the turnstiles a nice shade of blue but ignore the fact that we are now further away than ever from the Premiership dream and will never aspire to that vision while he and this spent force of a manager are in charge.
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Michael11 added 07:26 - Sep 21
I agree with that too, but it seems like he's mentioning it now to deflect the topic as to whether he should be in a job is all i'm saying.
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CornardBlue added 07:28 - Sep 21
The other side to this argument is you do not have to spend big to get promoted, Southampton Swansea Blackpool and Norwich never. You just need a good Manager to build a good team.
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Sospiri added 07:31 - Sep 21
He's right. We can't risk the club on the hope of getting up this year or next. Also means we'll have to do a lot better than we do with what we've got.
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runningout added 07:36 - Sep 21
Team of Clinical, not over celebrating an early goal, looking for the next, trophy hungry, not praise hungry types. Would be nice
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Karlosfandangal added 07:38 - Sep 21
Blackburn have brought Rhodes now so no problem it will only be the length of contract a wages which will cause problems in the future.
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wiggymcbigalow added 07:44 - Sep 21
What a pointless little article. All Jewell should be thinking about is whether he has moved us forward as a club since the Keane disgrace and if not how to. Tick, tick, tick....thats the sound of your time running out. (Does anyone else watch Dexter)
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tractorboybig added 07:50 - Sep 21
We have not taken the risk to go upwards.
We are taking a risk of relegation. Surely that will kill us off anyway.
3rd tier football and 60- million debt
However this cannot be laid at the feet of jewel..
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Essexnblue added 07:53 - Sep 21
In other threads as soon as we get beaten, idiots want Evans out as he has "not invested, ruined the club" etc............

If Evans was to quit and call in the debt, this club would sink quicker than Portsmouth and Rangers put together and in 2 seasons we would be on the verge of going to Braintree not Blackburn on a Saturday!

Jewell is 100% correct.

Keep the faith or suffer the consequence!!!
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roytheboy added 08:04 - Sep 21
Yet more defensive remarks to try to justify failings and weaknesses within ITFC !
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marco007 added 08:04 - Sep 21
Can anyone tell me hat our strategy is??
We produce good youngsters, only to sell them? We then went down the road of experienced pros and currently seem to rely on loans and has beens!
Surely younger players and youth is the way to go forward if we have no money, and players like Hyam should be on the pitch not bench warming whilst we blood in loanees for other clubs??
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bluemingood added 08:16 - Sep 21
We are doing everything correctly except winning. That I feel is just around the corner.
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StuartBrett8 added 08:20 - Sep 21
Hold on... the master plan is 18 club's go into administration and get docked point's and we go up by default ... Genius.

I am being sarcastic, to be honest I'd rather the club was in good financial health :)
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raycrawfordswig added 08:48 - Sep 21
Stop worrying about other teams finances don't think they care about ours. Get this team motivated get coaches in who know what they are doing,and not old pals.You are flirting with relegation each season.
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martleshamitfc added 08:49 - Sep 21
so are we taking the gamble of just staying up and then hope all the other clubs go into administratation and start the season on -10 points to give us a chance?
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StuartBrett8 added 08:50 - Sep 21
Didn't I just say that? ^ :P
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RegencyBlue added 08:50 - Sep 21
Is it me or do you get the impression Jewell has been told to say this by Clegg and Evans to deflect criticism from them?

I've frankly had enough of the whole regime at PR now. It rotten to the core!
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MickMillsTash added 09:01 - Sep 21
Is Spending £1.75 million on a Taylor when we clearly needed a centre back more a gamble?

Who at Portman Road is in charge of what this idiot syas?
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Wickets added 09:09 - Sep 21
Just wonder what PJ is really saying here! Perhaps Its not my fault i've been given no cash? or even a high spending new manager could ruin this club? food for thought.
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