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  • Parachute payments...

    I, like many others, was under the impression that our parachute payments had finished. But according to the article below, we have 1 more parachute payment this season:

    https://www.google.com/amp/www.getwe...e-13124525.amp

    So why are Les and the board saying there aren't any transfer funds? Where is this last parachute payment going?

    Or have I read all of that wrong?
    Top Scorers 2018/2019

    Nakhi Wells - 8
    Pawel Wszolek - 6
    Luke Freeman - 6
    Matt Smith - 6
    Ebere Eze - 4
    Joel Lynch - 3
    Tomer Hemed - 3
    Toni Leistner - 2
    Massimo Luongo- 2
    Angel Rangel - 2
    Bright Osayi-Samuel - 2
    Geoff Cameron - 1
    Aramide Oteh - 1
    Jake Bidwell - 1
    Jordan Cousins - 1

    Summer Transfers 2019

    IN


    OUT

  • #2
    If they know this is last payment is it not sensible not to blow it?? That's good business sense to me cut cloth accordingly while you have the extra so you don't feel the pain when it's gone it's logical

    Comment


    • #3
      Originally posted by Ginger Ninja View Post
      I, like many others, was under the impression that our parachute payments had finished. But according to the article below, we have 1 more parachute payment this season:

      https://www.google.com/amp/www.getwe...e-13124525.amp

      So why are Les and the board saying there aren't any transfer funds? Where is this last parachute payment going?

      Or have I read all of that wrong?
      Probably being used to pay off the 15 mil barclays loan.
      nsa/cia spy on this..............┌∩┐(◣_◢)┌∩┐

      Comment


      • #4
        Originally posted by West Acton View Post
        If they know this is last payment is it not sensible not to blow it?? That's good business sense to me cut cloth accordingly while you have the extra so you don't feel the pain when it's gone it's logical
        I'm not saying let's blow it, but surely some of it can be used for transfers? Unless they're waiting to see what the FFP verdict is...
        Top Scorers 2018/2019

        Nakhi Wells - 8
        Pawel Wszolek - 6
        Luke Freeman - 6
        Matt Smith - 6
        Ebere Eze - 4
        Joel Lynch - 3
        Tomer Hemed - 3
        Toni Leistner - 2
        Massimo Luongo- 2
        Angel Rangel - 2
        Bright Osayi-Samuel - 2
        Geoff Cameron - 1
        Aramide Oteh - 1
        Jake Bidwell - 1
        Jordan Cousins - 1

        Summer Transfers 2019

        IN


        OUT

        Comment


        • #5
          £31.1m that's when we went down... so we have had one season gone and we will get one this season coming? Surprised this was mentioned as I thought all the wages and transfer fees have all come out of Fernandes' 'own pocket'. Would love to see the incoming monies as everyone talked about the money Tony has spent.
          C'Mon You Supaaaa!!

          Comment


          • #6
            That website is a very poor source of information. I think the headline is wrong too, as I believe it should read 2017/18 season. Two reasons for this. Firstly, the amount for this season is highly unlikely to be determined at the end of the season. Secondly, I'm pretty certain that changes were made a while back whereby relegated clubs would get the payments over 4 years instead of 2.

            Comment


            • #7
              as far as i understood it, teams that were relegated in 2014/15 season (eg us) had an estimated split of their parachute payments split:

              2015/16 £24m
              2016/17 £19m
              2017/18 £10m
              2018/19 £10m
              £10m
              so we have parachute payments this coming season and the one after it. it seems that the original estimates were also on the low side, so could be more than just £10m

              teams relegated in 2015/16 and afterwards get the payments split over 3 years (or 2 years if they were only in the prem for 1 season)

              source: https://www.theguardian.com/football...premier-league
              Last edited by klonk; 01-06-2017, 09:54 PM.

              Comment


              • #8
                Originally posted by klonk View Post
                as far as i understood it, teams that were relegated in 2014/15 season (eg us) had an estimated split of their parachute payments split:

                2015/16 £24m
                2016/17 £19m
                2017/18 £10m
                2018/19 £10m
                £10m
                so we have parachute payments this coming season and the one after it. it seems that the original estimates were also on the low side, so could be more than just £10m

                teams relegated in 2015/16 and afterwards get the payments split over 3 years (or 2 years if they were only in the prem for 1 season)

                source: https://www.theguardian.com/football...premier-league
                Cheers for that mate, wasn't sure at all. So they must be waiting for the FFP thing to be over with.
                Top Scorers 2018/2019

                Nakhi Wells - 8
                Pawel Wszolek - 6
                Luke Freeman - 6
                Matt Smith - 6
                Ebere Eze - 4
                Joel Lynch - 3
                Tomer Hemed - 3
                Toni Leistner - 2
                Massimo Luongo- 2
                Angel Rangel - 2
                Bright Osayi-Samuel - 2
                Geoff Cameron - 1
                Aramide Oteh - 1
                Jake Bidwell - 1
                Jordan Cousins - 1

                Summer Transfers 2019

                IN


                OUT

                Comment


                • #9
                  They will probably waste it all on parachutes.
                  Banning people is no longer my hobby,
                  but take a look at my photo blog:

                  http://kirillqpr.blogspot.com/

                  How and why did I start supporting QPR in Estonia:
                  http://www.wearetherangersboys.com/forum/blog.php?b=852

                  Comment


                  • #10
                    What ever we get out of them this year has probably got to go to paying the FFP fine coming our way

                    Comment


                    • #11
                      Originally posted by Kirill View Post
                      They will probably waste it all on parachutes.
                      http://xmadenx.deviantart.com/art/Ha...chute-57852961
                      I blew a lot on vodka and tonic, gambling and fags. Looking back, I think I overdid it on the tonic. - The one and only Stanley Bowles

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