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Premier League rumoured to be withholding Solidarity payments from Football League

Discussion in 'Premier League' started by Papa Francesco, Sep 23, 2020.

  1. Papa Francesco

    Papa Francesco Registered User

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    £125m solidarity payments agreed as part of the plan to restart football back in June are now rumoured to be withheld by the Premier League. Fulham's remaining parachute payments (not due because of promotion) were also reclaimed by the Premier League, whereas they would normally be distributed evenly throughout the Football League (worth around £500k per club).

    EFL waiting for Premier League help

    Disgusting behaviour from a league that is still throwing around money for fun. If clubs die this years it's because your clubs chose not to help.

    Link for the Fulham story.

    Premier League reject's EFL's request for a share of Fulham's £34million parachute money | Daily Mail Online
     
    Dickie Cooper likes this.
  2. CPFC2010

    CPFC2010 Registered User

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    The organisation itself are withholding it or have clubs in the league voted to do it?


    Sent from my iPhone using Tapatalk
     
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  3. Kirby

    Kirby We count the votes

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    The Premier League's full of c*nts. Never would've guessed.
     
  4. Papa Francesco

    Papa Francesco Registered User

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    The clubs are meeting this week I believe, and are rumoured to be rejecting it.
     
  5. saint_clark

    saint_clark Up the Saints

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    If this happens, with clubs still spending hundreds of millions in transfer fees and offering half a million a week to players, then I will no longer watch premier league football. Absolute scum, the lot of them.

    I will say though, I thought the parachute payments normally went back to the premier league not to other efl teams.

    Sent from my Pixel 3 using Tapatalk
     
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  6. DeadlyDemon

    DeadlyDemon Spurs optimist

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    If clubs die this year it's because the bubble has finally burst and years of irresponsible finances in football has finally hit its limit.

    It's obviously not the right time for the discussion and I hope lower league clubs get the financial help they need in the short term but the very idea of things such as parachute payments is wrong. You shouldn't be financially dependent on a handout to survive. Clubs need to be self sufficient and if that means we stop paying players 200,000 a week then so be it.

    Macclesfield went bust because they had debts of £500,000! I don't mean any disrespect to Macclesfield but they're playing in a small 6,000 capacity stadium. No club at the level of that size should be running with losses or debts of that magnitude.

    Football shouldn't be in a position where clubs are going bust, with or without Covid. Let's not pretend the latter is the sole cause. Some of these were on the brink regardless and Covid will sadly be the thing that pushes them over the edge.

    The football authorities have failed the hundreds of clubs in football by allowing the game to be so unsustainable financially. It shouldn't be the responsibility of the Premier League or its clubs to sustain other football clubs lower down the pyramid.. Any more than the local corner shop shouldn't be looking to the big supermarkets for a handout to keep their business afloat. The fact this is the reality is criminal.

    If hundreds of clubs go bust it might be the wakeup call football, the FA and the government need to address the embarrassment that the financial state of the game is in.
     
  7. johnnyT

    johnnyT Registered User

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    its a disgrace t
    @SALTIRE and his ilk are to blame
     
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  8. FranniesTache

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    f*cking disgrace but ultimately no surprise is it? The premier league, since the day it came into existence was always about getting as much money as possible for the teams in it.
     
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  9. Papa Francesco

    Papa Francesco Registered User

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    It should be when it was an integral part of the agreement to allow football to restart. The Premier League agreed to make a large payment to help Football league and non-league clubs as part of the agreement with the government to allow Project Restart to go ahead. Reneging on that agreement is what is criminal.
     
  10. Casanova85

    Casanova85 Registered User

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    The irony of this thread being created by the Pope.
     
  11. Papa Francesco

    Papa Francesco Registered User

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    Does the pope owe the Football League solidarity payments?
     
  12. DeadlyDemon

    DeadlyDemon Spurs optimist

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    That's fine on this occasion and obviously it is a special case given Covid stopped football. I'm not suggesting the Premier League shouldn't be meeting any commitment or agreement made but at best it's a short term fix for these clubs.

    Even with this payment, football clubs are still going to go bust. Your suggestion that Premier League clubs are to blame is comical to me.

    The reality is the financial situation in football has been unhealthy for a long long time and that is the real reason these clubs will go bust.

    The game needs a massive overhaul so that this isn't a common occurrence. We shouldn't be talking about Macclesfield this year and Bury last year and other clubs prior to that. As I said the Premier League or its clubs shouldn't be in a position where it has to sustain other football clubs. They need to be in a position where they're not reliant on anyone else to survive. The majority of Premier League clubs themselves are only a relegation away from financial trouble of their own. It's not sustainable.

    It's an extreme extreme fantasy but I'd quite like 100-200 clubs to go bust and football to just completely start over. Whilst the Premier League need to meet their agreement it's still only a short-term solution, there needs to be long-term solutions to the disparity in football too. Covid might finally be the tipping point where we actually address how f**ked the game is.

    The worst part for me is that some of those clubs that have gambled have actually reaped the rewards for it. There are numerous examples of clubs spending beyond their means and then reaping the financial rewards for success on the pitch to justify it. If you can spend a few million in League Two but get to the Championship or Premier League in a few years does it outweigh the risk of it going pear-shaped?

    It genuinely baffled me seeing the money mentioned in relation to Macclesfield. £500,000+ debts. How is that sustainable for any league two club? Blame Covid and the Premier League all you like but the FA, EFL, Premier League and the government all need to take some responsibility for the absolute state the game is in.

    All this payment is is a short term fix and lets a few clubs survive a few months longer before going bust.
     
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  13. Chrysalis

    Chrysalis deleted

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    Keeping my post short, but I agree with the points made here, shambles.
     
  14. njmcfc1894

    njmcfc1894 Registered User

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    Has other payment's to pay out but best not to get into that discussion
     
  15. The Doc

    The Doc Registered User

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    Shouldn't have ever let the gate sharing be stopped back tbh.

    PL should definitely help out the EFL and renaging on any arranged deal is ludicrous.

    However the way clubs below PL have chased the pot of gold should not be overlooked imo.

    The greed of the PL doesn't stop there.
     
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  16. King_Kenny

    King_Kenny .banned

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    Yeah, its not just the "greedy Premier League" clubs, the whole of football have been over spending for the past decade or two, seeing clubs go bust hasn't stopped others doing the exact same thing.

    Its ok slating the Liverpools, Citys and Uniteds for spending millions, but these clubs can afford to via the success and fanbase they have amassed over the years, its when, as @DeadlyDemon has stated, clubs like Macclesfield try and live way beyond what they are capable of sustaining only have themselves to blame.
     
  17. kloppbeliever

    kloppbeliever Registered User

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    500k debt could be a great deal of things,

    stadium repair?

    wages?

    tax bill?



    in the grand scheme of things 500k wouldn't exactly be massive if you had to borrow to pay for whatever.

    I believe on the other hand barnet were losing massive money, 100k per month, before covid and were bailed out by the covid payments.
     
  18. StretfordEnd

    StretfordEnd Fools can be kings.
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    city?

    That's extremely unfair.

    Quite a few, Macc included, Bury, Chester, almost Bolton and Wigan etc., have been destroyed from within by immoral new ownership models, or blatant asset stripping, not because they've overextended their finances chasing rainbows. Most should have been better protected by the bodies that oversee the game below Premier League level.
     
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  19. Donnyrovers90

    Donnyrovers90 Registered User

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    A fair point about certain clubs but I don’t think it’s fair to make such a sweeping generalization about all the football league clubs.

    Some clubs in the championship in particular spend beyond their means to try and get to the premier league. But clubs like ours at Doncaster and many others certainly don’t do that.

    We don’t spend big money on players or over pay on wages with the hope of getting to the championship, we run a very tight ship and have owners that are very reluctant to take risks and jeopardize the financial security of the club. Realistically we sell one player every 3/4 years for a nice sum and that’s us secure for the foreseeable. And despite all that we still post losses, but we have secure owners who are willing to cover the small losses we make
     
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  20. saint_clark

    saint_clark Up the Saints

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    In a time like this the top clubs have an obligation to protect clubs in the lower leagues.

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