mejonaNO12 aka riskit
Well-known member
So you wouldn't change it, despite there being numerous examples of clubs completely ****ing up their finances with the promise of receiving these payments?
I would suggest that is complacent in the extreme.
Oh, and it IS a reward for failure, since it is triggered by relegation, not promotion.
But that's not the Prem's problem if people CHOOSE to overspend. All they can do is provide the necessary support which is what parachute payments are. If people choose to muck up their money DESPITE them then there is literally nothing you can do. People would abuse ANY suggestion put in place....what I'm saying is at least this is a set figure and there is no cconfusion. Club accountants have a solid figure over a solid time set to work on if they are relegated and a contingency plan is needed.
No. It's not a reward. It is to replace the income of £60m tv money which drops to £2m when relegated. There is certainly no reward involved.
If you withdrew it it would lead to two things happening immediately. 1 clubs wouldnt spend a penny when promoted and would be relegated with ease=terrible competetivness. 2 - Clubs will go bust the moment they are relegated if they did dare spend some money to stay in the prem.
Clubs from the prem who are relegated are, in general, not STORMING the championship with their parachute payments. They are also not going out of business. Therefore the balance is pretty good.
Look who's top at the moment. Did they have parachute payments? We're above many clubs who still have PP's. Surely they should be way above us if PP's were so BRILLIANT?