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Rescue package for EFL clubs

https://www.bbc.co.uk/sport/football/52543735

Rescue package for EFL clubs

Parry said he "completely agreed" that a rescue package would now be needed to help support EFL clubs.

"The Premier League has said if they're allowed to play then they will be in a position to talk to us about support for the lower leagues," he added.

"We await that day - discussions to date, I think it's fair to say, have been limited."

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Why should the government bail out clubs some of whom have such fiddled finances that they make loss after loss, not paying any tax, and have kept all players on same salaries (deferrals not a cut, they're still going to be paid same money).

This is, quite frankly disgraceful.

posted on 5/5/20

Footbaĺl clubs are businesses. Their financial suffering is no different to most others at the moment and they should not receive special treatment.

comment by Shijiu (U22385)

posted on 5/5/20

According to what I've read the package will take into account a clubs previous position but I have no idea how that would work.

posted on 5/5/20

They should do the right thing and swap Norwich for Leeds

posted on 5/5/20


Parry said he supported the Professional Footballers' Association's appointment of financial services firm Deloitte to look at club accounts and assesses if there was a genuine need for wages to be deferred.
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Disgraceful

If I was a club, I’d tell Deloitte to feck off

posted on 6/5/20

comment by LIW Radchancer (U8453)
posted 8 hours, 32 minutes ago

Parry said he supported the Professional Footballers' Association's appointment of financial services firm Deloitte to look at club accounts and assesses if there was a genuine need for wages to be deferred.
————————-

Disgraceful

If I was a club, I’d tell Deloitte to feck off
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And what would you tell the Premier League about this?

In a statement the Premier League defended parachute payments.

"Parachute payments are a vital mechanism to give relegated clubs financial support while adjusting to significantly lower revenues and having a higher cost base related to their playing squads," the statement said.

"We see no evidence that parachute payments distort performance at that level and are an essential part of this highly competitive environment."

posted on 6/5/20

Completely agree with the prem

comment by Jonty (U4614)

posted on 6/5/20

Clubs should have contracts that dynamically adjust pay to suit status.

Clubs get relegated, players pay decreases, it should be a rule of the competion that this is the case, then there is no need for financial support if club gets relegated.

posted on 6/5/20



Clubs get relegated, players pay decreases, it should be a rule of the competion that this is the case, then there is no need for financial support if club gets relegated.
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Problem teams in lower half, who are likely To be in a relegation battle, would find it harder to attract better players.

Would create bigger gap in quality between top half and bottom half.

comment by Jonty (U4614)

posted on 6/5/20

Players should believe in their ability and their prospective managers vision.

posted on 6/5/20

comment by LIW Radchancer (U8453)
posted 14 hours, 39 minutes ago
Completely agree with the prem
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So you are in favor of parachute payments?

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