look here. two little fat piggies paused just long enough to lift their heads from the troughs to take the moral high ground https://www.bbc.co.uk/sport/football/54505270
The EFL needs £250m to bail it out, and the talks around how this happens have been going on for months now. The Govt have spoken about the importance of the survival of local football clubs to their communities whilst doing absolutely nothing in terms of offering fiscal support, as they’re hanging back hoping the PL will facilitate the solution and vice versa - stalemate. The main suggested solution was that the PL would underwrite a loan for the EFL and borrow the funds on their behalf, with the repayment schedule being across a number of years. A bail out of the EFL doesn’t require a complete rehash of the entire football pyramid. There’s no need to conflate the issue of a bail out with using that as leverage to completely alter the balance of power within the game, none whatsoever, which is why this is being called out for what it is, blatant opportunism.
So one of the teams who’d be invited to join the ‘special’ club coming out and calling the idea bollocks is somehow them taking the moral high ground? Looks more like they’ve kicked the trough over to me like, but each to their own.
I was referring to potentially joining a super league. But aiming to take control doesn't look good does it? Clubs selling their own TV rights wouldn't be far behind imo. Lower leagues getting 25% of pretty much ****all then, it won't be the league's money.
yes clearly if you don't realise who two faced the west ham ownership is by now, well.... Can't help you.
The West Ham owners are turds, but they’re bang right on this one. You know you’ve come up with something that proper reeks of **** when the porn peddlers & the actual Tory Govt are the good guys in the debate.
Just read the article and the stadium subsidies would be available across all 4 divisions, not just for the likes of Spurs and LFC. Are you after a deal which only benefits the lower clubs, and offer nothing to the clubs who are ultimately funding this?
The current proposal isn't great but there are a lot of really good plus points which benefits the entire pyramid, and guarantees income for future. This is a negotiation and will rumble on.
No. I’m after a bail out funded partly by Govt and the rest from a loan from the PL with a long repayment schedule. That’s it. Btw did you read this bit? The Premier League has studied the PBP proposal since it became available over the weekend and believes that if adopted it would promote a greater disparity of wealth between the top clubs and those who finish at the bottom of the league. Currently the league is the most equitable in football with a 1:1.7 ratio split of television revenue between the top club and the one that finishes last. The Premier League will tell its members that by season 2025-2026, when the full transition has been completed, under PBP proposals the bottom club would earn between £40 million and £50 million and the top club around £160 million. That would make the ratio between top earners and the lowest 1:4. All newly promoted clubs would be obliged to hold back £25 million per season for their first two years in the league, greatly reducing their spending power and chances of survival. The £40 million to £50 million figure represents a huge fall from the £102 million that bottom club Norwich City earned last season
So you want a one off loan? That’s great for the short term but what about long term? At least with this proposal, there is a steady and guaranteed revenue going to the EFL every year. I do agree that I can only see financial disparity between the top PL clubs and the bottom PL clubs, but ultimately, you’re reducing the disparity between the PL and lower leagues.
Given the numbers in the piece I’ve just posted, it’d make PL survival virtually impossible for any promoted side. You’d essentially end up with a 16 team league and 2 EFL clubs who’d rotate every year. The EFL below the Championship is self sufficient, the Championship operates with a £400m deficit but purely by choice, as that number is driven by clubs seeking to over stretch to reach the PL and the losses are covered by their owners. The issue the EFL has is solely due to coronavirus as it’s got a £250m Black hole in its finances due to the lack of matchday revenue. If it’s revenues are bolstered by more PL cash then it’d merely drive wage and transfer fee inflation anyway - see the PL for details.
As I said I don't disagree with you. I think there is an expression - don't throw the baby out with the bath water - which fits this situation in that there are some good proposals in amongst the not so good and outright awful one. I see all this as an opportunity for change. It's like any bartering situation, start high and go lower until you reach an amicable agreement. The current proposals won't get voted through.
It can all the proposals it wants, the idea of the top six being able to change things without others input undermines the entire thing. They could change the entire plan the very next day!
Yes, that's why the voting arrangement proposal is shocking. I think the voting system as it is could be changed to a majority vote rather than the 14/6 one they currently have. The bottom lying clubs should never be able to pass through voiding an almost complete season, for instance, and I would say that whoever was at the top of the league at the time. While Liverpool remained silent on the issue last season, lots of clubs were acting in self interest. It's just the converse of what you've said - it would be possibly the bottom 6 dictating what could happen, even though a vote was taken of all clubs, the bottom 6 would have got their way had it gone down to that.
But is this not a genuine concern? Clubs spending beyond their means? At least with this proposal, the PL is giving more money to the EFL and then distributing it equally, rather than those challenging at the top or the ones who get to the PL for 1 year being the main beneficiaries. And by eliminating parachute payments, clubs cannot spend recklessly to get into the PL, earn a quick buck and then rely on parachute payments. The lower leagues will also have to abide by the FFP. Also, 6% of the PL revenue would go to stadium costs - that's around £140m that is available to these clubs which simply isn't there now. I get your point re. loan which is good to cover the losses from COVID but thinking about the 'bigger picture, this cash injection could really go a long way to the smaller clubs.
The way it’s been done is an insult to the entire league. 2 clubs in secret discussions and then launching an entire proposal to restructure the league via the press and the Chair of the EFL. There’s a PL meeting this Thursday and the correct way of doing this would have been for them to put this forward at that meeting and for the other clubs to view the proposals before then possibly having a vote at a future meeting. But no, they chose to disrespect the entire league and put this out there independently of their fellow members. To add insult to injury they’ve tried portraying this power grab as altruism.
