...........The reward - for FAILURE ! If a ( normal ) business is unable to compete - it fails and goes bust. If a ( normal ) employee is not good enough at their job, he/she would expect to get their P45. In neither scenario would they ( normally ), still get 'rewarded' with cash that ( more or less ), allows them to continue to receive the 'same / similar ' payment for the next three years ........... So - how can it be right and proper for EPL clubs to be rewarded - for failure ? If a club is relegated from the Championship, L1, L2 etc, I am unaware if any of them receive a 'parachute' payment - So why only give it to the clubs relegated from the EPL ?? And how can that comply with Financial Fair Play rules ?? -- it's hardly fair to all other clubs in the EFL. Clubs in the EPL, and any of it's players ( and staff ), should have to face the consequences of failure. Regardless of contracts that may have been upgraded when a club is promoted to the EPL, there should be an automatic process where contracts are negotiated ( downwards ),when an EPL club is relegated - to pay the players the appropriate amount - for failure -- and that NO parachute payments should be given - for failure.... If a relegated EPL club still wants to pay its' players the same amount in the Championship - it can do so from their own capital - without the extra funding. The amount of money that is thrown at EPL clubs is obscene. They way that most of them use these resources is equally obscene - and smacks of a 'couldn't -car-less' attitude towards anything outside the EPL..If these clubs cannot be disciplined enough to use the money a little more sensibly, they should not expect the fans to pay for their failure. If there is so much money available in the form of 'parachute' payments, perhaps it could be used to help clubs in the lower leagues to simply exist....... as they struggle to live simply.
https://en.wikipedia.org/wiki/Premier_League_parachute_and_solidarity_payments This shows how obscene the disparity really is, clubs like Sunderland are a joke. Level playing field my *************
grumpygit - thanks for the link... I didn't realise that EFL clubs do receive a parachute style payment, for one season following relegation ---- but it's so tiny, I expect that I've got more cash somewhere down the back of my settee.
I've never really understood parachute payments nor agree with them. Much as @alwaysright has highlighted, it's like rewarding failure. Players that got you relegated then jump ship. How is any of that right. Then after failing, it gives the relegated club more power than the clubs in the league they have then joined, which then means those clubs can't afford to compete. If you spend £30M on a player and you get relelgated, that's your problem for being so stupid, I don't see why anyone should be rewarded for financial recklessness. They might argue, that they wouldn't be able to compete with clubs at that level if they didn't spend that sort of money, but again, I'd argue you compete at a level you can afford. Argument could be, you wouldn't say that if you were a Prem club....I don't want us to be a Prem club, I merely want us to compete at a level we can afford and rewards of that level should be the goal, not chase some dream that will lead to your ruin.
Even though we are getting parachute payments, I totally agree with you. We shouldn't get them because we were bloody awful last year.
