jimbo_the_green":3nomvzsd said:Lundan Cabbie":3nomvzsd said:phil-thefluter24":3nomvzsd said:Wonder what our chances are of a realistic return to the Championship in the foreseeable future? given the financial constraints we are operating under. The gulf financially wise Between Championship & Lge1 is so much larger than when we were last there owing to the huge increase in the totally unfair "parachute" payments giving relegated clubs a massive advantage for a quick return to the "promised land"
Relegated clubs come with massive overheads that teams coming up from League One don't have. Premier League clubs are very wise to have an insurance policy against dropping down to the SBC.
I've long understood but disagreed with the reasoning of parachute payments.
Why do these premier league clubs have higher overheads? They are coming down with a fair proportion of a squad built to play at the highest level. League one clubs coming up have squads built for the third tier.
Why should the premier league's relegated sides receive additional handouts in order to maintain their premier league over spend and how does that help the competitiveness of the championship? Answer is it doesn't and the reason is the premier league couldn't give a stuff.
Rather than enforcing protection in the contracts of the premier league clubs it encourages overspend and partially bails them out.
Why not make a relegation wage reduction clause compulsory for all premier league contracts coupled with relevant release clauses? That achieves the same result in reducing overheads to stop a club going bust but requires therelegated club to cut the cloth of their squads accordingly
You'd still have big big clubs like villa to compete with but that's part of the step up.
If you were a Premier League chairman/owner, would you vote to end parachute payments? You would have to be mad to do so.