Leicester & 1 of Leeds/Southampton will be promoted to the Premier League. This will save Premier League £103m in parachute payments to 2 of those Clubs. That £103m will be split between Premier League Clubs after a vote by Premier League Clubs. Self regulation =self interest
by Callum0598
27 Comments
Didnt these monies used to go to the rest of the championship instead?
Very likely driven by PSR/FFP.
Cunts
Niiccceee. Great.
I am shocked by the outcome of this vote.
Owners decide for their own self interests.
The pyramid is wonderful and needs more security considering the money at the very top.
Could this be related to money grubbing owners from a nation that doesn’t understand the need for, or concept of, promotion and relegation want to steer the Premier League to a point where there is no promotion or relegation?
Atrocious state of affairs. Nowt will be done about it though cos the prem has all the power. We’ll just carry on down here on our uneven playing field whilst everyone gets giddy about how many goals arsenal can score against whichever cannon fodder they’ve got next.
Alongside just plain greed, also think it’s a knock on effect of Profit and Sustainability Rules – with clubs at risk of deductions, just feeds into clubs looking after themselves
Like asking children if they want to share their sweets or keep them to themselves.
downright incorrect outcome there, no justification at all for it
I would’ve been so upset by this a couple of weeks ago…
Premier League clubs being selfish and not caring about the pyramid? What are the odds
I don’t really see the issue.
The money is paid from the Premier League to help the clubs get back/survive after the drop.
If they no longer need it, it should go back to the source.
If I gave you 100 quid because you were financially struggling, and then you won a shit ton of money, I’d expect at least what was left of that 100 quid back.
The rest of the championship clubs shouldn’t receive a windfall off another teams success.
Financial rules for the top of the pyramid serving to take money away from the rest – the exact opposite of what we want
Not surprising since they’re handing out points deductions for FFP breaches to bottom half teams like it’s going out of style. Keeping that extra cash for themselves might make the difference in staying up or not. Just one more reason why FFP doesn’t work.
Also, absolutely greed from PL clubs as this money should be coming down, but the current system does encourage that and until Man City and Chelsea get punished, that won’t change.
I’d be so up for Premier League just shutting the door and let the 20 of them play each other season after season after season….
Championship to National can rebrand League Division 1 – 4 and we can go back to some good old football minus the pricks.
I know there are a handful of yo-yo and “maybe one day” clubs, but they could just be satisfied with being the best clubs in the real football league.
I don’t get it. I thought the new PSR rule was that clubs in the PL can only spend 4.5x (maybe 5x) the revenue of the bottom club. Surely giving more money to the clubs likely to be bottom of the league means they can spend more?
Fuckin hell, £5 mil each? No way they could let go of that, can’t believe anyone would ask them to give away such a critical amount even it could impact their livelihoods.
“After all, why not? Why shouldn’t I keep it?”
Can argue the “right” thing is that the money if no longer needed by the clubs is returned to source. But it’s short sighted, the better thing long term for the PL is a competitive league, not one where three teams are punching bags and destined for relegation from the start which is where we look to be heading. Stupid to not invest the money in the football league especially when those teams could do far more with the money than PL teams
Atrocious money grabbing anti-football wankers
Just evenly distribute it to every Championship club ffs.
This is what big time Bournemouth voted against, I suppose when your stadium is the size of a garden shed you need that extra £5m.
It’s OK.
The PSR commission for Forest’s punishment stated that “there is no evidence that the Parachute Payments had been used to enable those clubs to invest”, so large cash injections are clearly not of benefit to anyone in the Championship (/s in case anyone’s not sure).
From a very selfish point of view, the £5m will help us close our PSR loses gap (which will still be £16m lower than most Prem teams for the last 12 months), but yes it’s ridiculous that the Prem continue to make it harder and harder for anyone below them – or even below the big 6 – to compete. The money should clearly go to Championship sides.
Fucked up, that money could make a huge difference further down the pyramid.
As it is, our 5mil will go towards getting the stadium to meet Prem requirements.
Yep all 72 clubs, I agree. Not reward overspending poorly managed fallen giants in the championship
This is surprisingly believable. Or just let Leicester go up and have 3 come down so there’s a league of 18?