TrinidadsNumberOne
Gizza job?
- Joined
- Jan 17, 2015
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- 3,274
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- 974
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- Location
- Crewe/Macclesfield
- Supports
- Crewe
http://www.football-league.co.uk/ne...clubs-get-double-financial-boost-2281337.aspx
Interesting article here. Says that Parachute Payments will be trimmed from four years worth to three years worth although the current value of £62.8 million will inevitably increase. Also the value in TV Rights appears to have increased for the Football League as well which means more £££.
Solidarity payments will now be based on the third year of a parachute payment (currently £9.6 million but will inevitably increase). Championship Clubs not receiving parachute payments will receive 30% the total of a third year parachute payment with League One Clubs receiving 4.5% and League Two Clubs receiving 3%. Given the dramatic rise in the Premier League TV Rights deal, we could be looking at the value of a third-year parachute payment being in the region of £15-£20 million, which could see our clubs receive £675K-£900K a year just in solidarity payments which is up from the current £325K p.a!
From a Crewe fans perspective I'd welcome the increase in solidarity money as if we stay in League One, it'll keep our youth facilities running each year and we'll be able to purchase a couple of quality experienced players to compliment them each season. Sadly I can see administrations at this level becoming more common as many clubs chase the riches of trying to get to the Championship, which will pay £4.5-£6 million just in solidarity payments if the estimate given is correct!
Was wondering what everybody thought, of course extra money is welcomed to keep things afloat but there are always those clubs that constantly chase the dream only to overspend and find themselves knackered for money. Plus the average wage in this league will inevitably rise and value for money in players may be a future concern.
Interesting article here. Says that Parachute Payments will be trimmed from four years worth to three years worth although the current value of £62.8 million will inevitably increase. Also the value in TV Rights appears to have increased for the Football League as well which means more £££.
Solidarity payments will now be based on the third year of a parachute payment (currently £9.6 million but will inevitably increase). Championship Clubs not receiving parachute payments will receive 30% the total of a third year parachute payment with League One Clubs receiving 4.5% and League Two Clubs receiving 3%. Given the dramatic rise in the Premier League TV Rights deal, we could be looking at the value of a third-year parachute payment being in the region of £15-£20 million, which could see our clubs receive £675K-£900K a year just in solidarity payments which is up from the current £325K p.a!
From a Crewe fans perspective I'd welcome the increase in solidarity money as if we stay in League One, it'll keep our youth facilities running each year and we'll be able to purchase a couple of quality experienced players to compliment them each season. Sadly I can see administrations at this level becoming more common as many clubs chase the riches of trying to get to the Championship, which will pay £4.5-£6 million just in solidarity payments if the estimate given is correct!
Was wondering what everybody thought, of course extra money is welcomed to keep things afloat but there are always those clubs that constantly chase the dream only to overspend and find themselves knackered for money. Plus the average wage in this league will inevitably rise and value for money in players may be a future concern.