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Author Topic: Parachute Payments  (Read 9882 times)

Offline PaulTheVillan

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Parachute Payments
« on: January 21, 2016, 09:46:07 AM »
Heard on the radio this morning that the team finishing bottom of the Premier League this season gets (roughly) the following:

  • £32m 'prize' fund.
  • £32m parachute payment in year 1
  • £14m parachute payment in year 2
  • £14m parachute payment in year 3

Offline oswald funkletrumpet

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Re: Parachute Payments
« Reply #1 on: January 21, 2016, 10:53:50 AM »
Heard on the radio this morning that the team finishing bottom of the Premier League this season gets (roughly) the following:

  • £32m 'prize' fund.
  • £32m parachute payment in year 1
  • £14m parachute payment in year 2
  • £14m parachute payment in year 3

frightening when you think that the bottom club next season gets £100 million

Offline saunders_heroes

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Re: Parachute Payments
« Reply #2 on: January 21, 2016, 11:23:06 AM »
Heard on the radio this morning that the team finishing bottom of the Premier League this season gets (roughly) the following:

  • £32m 'prize' fund.
  • £32m parachute payment in year 1
  • £14m parachute payment in year 2
  • £14m parachute payment in year 3

frightening when you think that the bottom club next season gets £100 million

What a season to get yourself relegated.

Offline dave.woodhall

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Re: Parachute Payments
« Reply #3 on: January 21, 2016, 11:25:24 AM »
Heard on the radio this morning that the team finishing bottom of the Premier League this season gets (roughly) the following:

  • £32m 'prize' fund.
  • £32m parachute payment in year 1
  • £14m parachute payment in year 2
  • £14m parachute payment in year 3

frightening when you think that the bottom club next season gets £100 million

What a season to get yourself relegated.

'Twas ever thus. Every season, every new deal, is The One that will cast you into an eternal void if you miss it.   

Offline saunders_heroes

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Re: Parachute Payments
« Reply #4 on: January 21, 2016, 11:32:16 AM »
Heard on the radio this morning that the team finishing bottom of the Premier League this season gets (roughly) the following:

  • £32m 'prize' fund.
  • £32m parachute payment in year 1
  • £14m parachute payment in year 2
  • £14m parachute payment in year 3

frightening when you think that the bottom club next season gets £100 million

What a season to get yourself relegated.

'Twas ever thus. Every season, every new deal, is The One that will cast you into an eternal void if you miss it.   

It's one hell of a leap from £32m to £100m though.

Offline dave.woodhall

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Re: Parachute Payments
« Reply #5 on: January 21, 2016, 11:34:06 AM »
Heard on the radio this morning that the team finishing bottom of the Premier League this season gets (roughly) the following:

  • £32m 'prize' fund.
  • £32m parachute payment in year 1
  • £14m parachute payment in year 2
  • £14m parachute payment in year 3

frightening when you think that the bottom club next season gets £100 million

What a season to get yourself relegated.

'Twas ever thus. Every season, every new deal, is The One that will cast you into an eternal void if you miss it.   

It's one hell of a leap from £32m to £100m though.

It is, but I'm reminded of a chairman a few years ago (it might have been John Madjeski) who, when asked about the Championship play-off being worth something like £60 million, replied, "Maybe, but that's forgetting the extra £50 million you have to pay out."

Offline olaftab

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Re: Parachute Payments
« Reply #6 on: January 21, 2016, 12:18:28 PM »
This money argument is bunk. The more clubs earn/are paid the more they have to give out in fees and wages. Our recovery will depend on good sound management rather than money. No point in slashing our wrists over  £32/100 million issue.

Online ChicagoLion

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Re: Parachute Payments
« Reply #7 on: January 21, 2016, 02:53:48 PM »
This money argument is bunk. The more clubs earn/are paid the more they have to give out in fees and wages. Our recovery will depend on good sound management rather than money. No point in slashing our wrists over  £32/100 million issue.
so which would you rather have 32 or a 100? Tough question eh?

Offline oswald funkletrumpet

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Re: Parachute Payments
« Reply #8 on: January 21, 2016, 02:58:54 PM »
This money argument is bunk. The more clubs earn/are paid the more they have to give out in fees and wages. Our recovery will depend on good sound management rather than money. No point in slashing our wrists over  £32/100 million issue.
so which would you rather have 32 or a 100? Tough question eh?

32 all day long i wont mind a cut in commercial revenue, matchday income and st sales either

Offline saunders_heroes

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Re: Parachute Payments
« Reply #9 on: January 21, 2016, 02:59:28 PM »
This money argument is bunk. The more clubs earn/are paid the more they have to give out in fees and wages. Our recovery will depend on good sound management rather than money. No point in slashing our wrists over  £32/100 million issue.
so which would you rather have 32 or a 100? Tough question eh?

Indeed. Would you rather say have £32m to spend on players in the Championship or £100m to spend in the Premier?
Yeah, that's a tough one.

Online ChicagoLion

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Re: Parachute Payments
« Reply #10 on: January 21, 2016, 03:00:39 PM »
Which is why it is imperative to get back first time as every year the relegated clubs will have a huge Finacial advantage over the ones allready down there.
This does assume that player contracts do take into account relegation.

Offline Chris Smith

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Re: Parachute Payments
« Reply #11 on: January 21, 2016, 03:01:13 PM »
This money argument is bunk. The more clubs earn/are paid the more they have to give out in fees and wages. Our recovery will depend on good sound management rather than money. No point in slashing our wrists over  £32/100 million issue.
so which would you rather have 32 or a 100? Tough question eh?

In the Championship £32m is a figure that should be enough to help you be competitive.  Any team subsequently getting promoted will then qualify for the PL numbers.

Online ChicagoLion

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Re: Parachute Payments
« Reply #12 on: January 21, 2016, 03:02:44 PM »
This money argument is bunk. The more clubs earn/are paid the more they have to give out in fees and wages. Our recovery will depend on good sound management rather than money. No point in slashing our wrists over  £32/100 million issue.
so which would you rather have 32 or a 100? Tough question eh?

Indeed. Would you rather say have £32m to spend on players in the Championship or £100m to spend in the Premier?
Yeah, that's a tough one.
We could allways try young and hungry!

Offline Chris Harte

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Re: Parachute Payments
« Reply #13 on: January 21, 2016, 03:07:06 PM »
I'd found parachute payment figures previously that were different to those posted in the OP. I suppose it stands to reason that the new, hyper-inflated PL TV deal will bring inflated parachute payments.

Online Dave

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Re: Parachute Payments
« Reply #14 on: January 21, 2016, 03:10:09 PM »
I'd found parachute payment figures previously that were different to those posted in the OP. I suppose it stands to reason that the new, hyper-inflated PL TV deal will bring inflated parachute payments.

They go up to the ones above at the start of next season (i.e when we would be getting them). There are a few other changes as well - if Bournemouth or Norwich go down then we would get more than them overall due to us being in the Premier League for longer.

 


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