Good Morning. It's Tuesday 10th December, and here are the latest headlines from Elland Road Parachute payments distort competition in the Championship TV Sports presenting legend Richard Keys has hit out at the Football League regarding parachute payments to recently relegated Premier League sides, exclaiming it is distorting the Championship. The financial structure surrounding relegated clubs from the Premier League plays a significant role in shaping the competitive landscape of the Championship. Specifically, teams facing relegation receive 55% of the equally shared broadcasting rights in their first season outside the top tier, a lifeline that mitigates the risk of financial distress and potential bankruptcy. Sheffield United and Burnley currently benefit from this arrangement, while Leeds, now in their second season post-relegation, receive a reduced 40%. This tiered system continues, with clubs receiving 20% in their third season and ultimately facing a complete withdrawal of such funds thereafter. Keys highlights a perceived imbalance in this financial framework, pointing to the current dominance of the Championship’s top three as evidence of parachute payments creating an unfair advantage. “Have you looked at the top of the Championship recently? Two of the top three relegated last season – Sheff Utd and Burnley – and squeezed in between them are Leeds, who went down the previous season. “Are we surprised? Rick Parry is right when he argues that parachute payments distort competition in that league,” please log in to view this image I still have a long way to go - Gnonto Sky Sports EFL Editor Simeon Gholam has just unveiled an exclusive behind-the-scenes interview with Leeds United star Wilfred Gnonto! The recently turned 21yo shared his hopes and aspirations for the Whites going forward, admitting he needs to stay consistent and remain patient in the hope of automatic promotion this season. Self-restraint however doesn't come easy to the Italian International, professing 'I want everything now'. With renewed determination, Gnonto remains fully committed to contributing goals and assists as Leeds strive for promotion to the top flight. While he expresses contentment with his current position, he remains focused on his aspirations, making it clear that he has greater ambitions to fulfill. "I hoped to have just a battle with ourselves, maybe with 15 points, but we know it's not possible. This league is always so competitive. "I think I forget it too sometimes! I've been a professional now for five or six years. "I'm not really patient. I want everything now, you know. But, at the same time, I have to understand there is a process. I have to be consistent every day, and hopefully it's going to get me and the team to where we want to be. "I feel like I've experienced nearly every situation in football already. The way I think and the way I am, I'm maybe a bit more mature than a normal 21-year-old guy. But I'm also still trying to learn every day, from the people here who have a lot more experience than me. I've been working in order to improve myself, and to try and help the team. "I'm happy with where I am, but I know I still have lots to give. Always do more'. I've seen players who have more experience than me, who have played at World Cups, and they always, every day, are doing more and working hard. "I still have a long way to go, but I still want to be an example for young players coming into the first team. If you ever speak to them, I want them to say the same things about me." "I wouldn't say I'm edging close to where I want to be, being only 21! But I'm working to try my best, to give my best every day and to be the best player I can be. I've been fit for every game and I'm really happy with where I am physically. I think I could have contributed more [goals and assists] but I know I still have more to give. "I feel like you can see a difference in the way I started this season and the way I'm playing now. I'm trying to play with more freedom, and the manager has given me that freedom to play. It's up to me now to give something back and help the team. "It's the goal, of course, but we still have a long way to go and we're not really thinking about it now. We were so close last year, but we are hoping for a different ending this season. I feel we've learned our lessons from how it ended last season. "For me I just want to be at my best, stay as fit as I can, and score and assist as many goals as I can. Just help the team in every way I can." please log in to view this image
Morning all. So what’s the remedy with the parachute payment? Get rid of and let every relegated club go bankrupt like we did? No, the problem lies with the huge difference in revenue between pl and championship. That’s the gap that needs radically closing but won’t ever happen so we’re stuck with this farcical system
Morning all Parachute payments make the Championship hugely unbalanced and unfair. Without them though newly promoted clubs would fear spending money and the three newly promoted would be the same three down every year. I’d be in favour of scraping parachute payments if there was a blanket ban on PL teams loaning out players, zero loans allowed in or out at top level. Then take it a step further, very strict rules on squad numbers and U18’s after 18 it’s release for free or promote to the first team if your squad allowance has room. We need to free up the 18 year olds looking to break into the game, spread the talent through the lower divisions, ensure more transfer money is spent and spread through lower divisions
The FFP rules need shaking up too. Some clubs have agreed to that system and it means that they've effectively pulled the ladder up behind them. I'd also like to see penalties and points deductions transferable between the PL and EFL.
