Unconfigured Ad Widget

Collapse

Teams with Parachute Money this season

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • Abseits
    Gold Seat
    • Aug 2014
    • 5041

    #1

    Teams with Parachute Money this season

    I always keep tabs on the parachute money teams, worth knowing who they are cos they're statistically THREE times more likely to get promoted than we are. Also, it got on my wick last season when commentators seemed to have a hard-on for plucky little Huddersfield doing so well. WTF!? They were still getting parachute money last season and had a clear advantage because of it. Watch them fall like a stone this season now they're potless like the rest of us.

    Anyway, here are the teams currently in receipt of parachute money:

    1) Burnley. In year 1 of 3 years of payments. Will get approx £40 mil this season.
    2) Watford. In year 1 of 2 years of payments. Will get approx £40 mil this season.
    3) Norwich. In year 1 of 2 years of payments. Will get approx £40 mil this season.
    4) Sheffield Utd. In year 2 of 3 years of payments. Will get approx £35 mil this season.
    5) WBA. In year 2 of 2 years of payments. Will get approx £35 million this season.

    As well as this season's parachute money, Burnley, Watford and Norwich would have each trousered approx £100 mil last season for stinking up the prem.

    The rest of the division, including us, receive about £7mil irrespective of final position in table.
  • WHITECITYONE
    Apprentice
    • Jul 2012
    • 51

    #2
    With annual revenue of just £15million, it's clear we need to sell more burgers at Half Time.
    Prejudice is a great time saver. You can form opinions without having to get the facts.

    Comment

    • 3London
      Silver Seat
      • Mar 2009
      • 3767

      #3
      Thats Why the EFL are trying to get rid of parachute payments altogether and make prize money based on position instead.

      Comment

      • SheepRanger
        Administrator
        • Apr 2018
        • 8481

        #4
        Originally posted by Abseits
        I always keep tabs on the parachute money teams, worth knowing who they are cos they're statistically THREE times more likely to get promoted than we are. Also, it got on my wick last season when commentators seemed to have a hard-on for plucky little Huddersfield doing so well. WTF!? They were still getting parachute money last season and had a clear advantage because of it. Watch them fall like a stone this season now they're potless like the rest of us.

        Anyway, here are the teams currently in receipt of parachute money:

        1) Burnley. In year 1 of 3 years of payments. Will get approx £40 mil this season.
        2) Watford. In year 1 of 2 years of payments. Will get approx £40 mil this season.
        3) Norwich. In year 1 of 2 years of payments. Will get approx £40 mil this season.
        4) Sheffield Utd. In year 2 of 3 years of payments. Will get approx £35 mil this season.
        5) WBA. In year 2 of 2 years of payments. Will get approx £35 million this season.

        As well as this season's parachute money, Burnley, Watford and Norwich would have each trousered approx £100 mil last season for stinking up the prem.

        The rest of the division, including us, receive about £7mil irrespective of final position in table.
        Why do Burnley get three years payments when Norwich and Watford only get two years? They all came down last season....?

        Comment

        • MINCER
          Bronze Seat
          • May 2014
          • 681

          #5
          Burnley survived more than One season in Premiership, Norwich and Watford didn’t.

          Comment

          • davieqpr
            Silver Seat
            • Mar 2011
            • 2804

            #6
            The idea behind parachute payments was to stop clubs going under and keep them sustainable. But it hasn't worked and most clubs have relegation clauses in players and staff contracts. Especially the Yo Yo clubs. All it is doing is giving them money to make bigger signings.

            Comment

            • qpr4life
              Gold Seat
              • Apr 2009
              • 5044

              #7
              Norwich / Watford especially, are living off parachutes massively. It's bonkers.

              Comment

              • SheepRanger
                Administrator
                • Apr 2018
                • 8481

                #8
                It's a difficult one because clubs that want to stay in the premiership cant attract the best players if they put relegation clauses into player contracts. To allow them to complete he parachute money is put in place to cushion the financisl blow to meet those contracts if relegated. The downside being they have better players in the championship and more likely to go back up.

                Without parachute money they're likely to be nailed on for relegation from the premiership. And with it nailed on for promotion back to it.

                Be damned if you do and damned if you don't

                Comment

                • davieqpr
                  Silver Seat
                  • Mar 2011
                  • 2804

                  #9
                  Most of the time they sell any players good enough for the Prem giving them even more money to attract top Championship players.

                  Comment

                  • SheepRanger
                    Administrator
                    • Apr 2018
                    • 8481

                    #10
                    Discussion on the last set of accounts below if anyone needs a refresh


                    Comment

                    • Harrow QPR
                      Bronze Seat
                      • Jan 2021
                      • 710

                      #11
                      Parachute money has been invented to keep the Premier league a closed shop , that's why you are getting all these yoyo teames like West brom , Norwich , Watford etc.

                      Comment

                      • Sleeping Giants
                        Silver Seat
                        • Mar 2009
                        • 3250

                        #12
                        Originally posted by davieqpr
                        The idea behind parachute payments was to stop clubs going under and keep them sustainable. But it hasn't worked and most clubs have relegation clauses in players and staff contracts. Especially the Yo Yo clubs. All it is doing is giving them money to make bigger signings.
                        Relegation clauses was all that was needed, parachute payments are unnecessary and just make it unfair on the rest of the division.

                        Comment

                        • SheepRanger
                          Administrator
                          • Apr 2018
                          • 8481

                          #13
                          Originally posted by Sleeping Giants

                          Relegation clauses was all that was needed, parachute payments are unnecessary and just make it unfair on the rest of the division.
                          But harder to sign quality players to stay in the premiership. Would they want to be tied to wage reductions if other team members aren't up to it.

                          Mandatory relegation clauses forces lower ranked teams to sign lower quality players and make survival even harder.

                          ?????

                          Comment

                          Working...