Parachute Payments
I really never got the reasoning for them.
Team gets relegated, they fail, so what we will do is give them access to funding well above what any side in the league they will be in next season has.
What logic is that?
Hasnt done Sunderland any good or Villa who nearly went bankrupt or Hull or Boro or QPR or WBA.
The premise is sound, the idea being that relegated clubs have extremely high costs having played in the Premier league and thus it would help them while they adjust.
But that isnt what they were used for, they quickly became used to create a mini Premier league where those that have them could drive up the transfer market to ridiculous levels and the have nots couldn't compete financially.
Take parachute payments away and we had the highest revenue of any side by some distance i read, £40mil, but we have to scrimp and save to get by.
Its ridiculous.
