Parachute Payments...
 

Sorry if I'm being incredibly slow but:

Newcastle and West Brom have gone straight back up, so don't we get a share of their parachute payments? If we get money for Bobby Grant I don't understand how we can still have a low wage budget...
£250,000 is an extra £5,000 per week approximately, assuming we get £250,000. And has this parachute money been factored in?

Re: Parachute Payments...
 

Parachute payments go to everyone so wont really help in terms of wages, we can over £X amount more every week but so can everyone else :(

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Other clubs have debt to pay off though...

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We still have debts, just to different people and over different time scales, also the work on the pitch is said to be costing £80K, plus there are other things required in and around the ground/club!! :)

I am sure that the people running the club, know what they are doing with all the "Unexpected" extra bits of cash!! :) :)

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Well its comforting someones sure they know what there doing joe, cos i sure as hell aint.:eek:

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Well from what ive heard, Money is STILL an issue at the club :(

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Of course money is still an issue at the club. We WILL be paying the lowest wages BECAUSE nobody wants to be in the situation we were in last year. When I read ilyas' post last year I was over the moon to have a club. Some seem to have short memories of how anxious that time was. I don't much care for having brilliant facilities or star strikers. What happened last year means that we have the chance to start over from the FOOTBALL LEAGUE rather than north west counties. Staying in the league has been a massive overachievement thus far (and we were probably spending over our means to do this) To survive next season will be an even bigger achievement. We should be grateful to those who are staying. If the club were our employer few of us would stay thats for sure.

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Low crowds = low budget

how else is the club going to get money apart from fans

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Other than the simple issue of the parachute payment - and the distribution figure of £100K has been mentioned ( although I may be wrong), then more importanly is the timing. Does it come in one lump sum or is it staggered over the season?

The same goes for any transfer fees. The question boils down to how much dosh hits the club's bank and when and if then there is to be deferred payment so what guarantees and colateral are offered in lieu of the monies arriving?

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last season or the season before I believe we received £80k (the figure is on here somewhere but I cant be arsed searching on my mobile) because ONE team went straight back up. The money will have increased since then with the new TV deal negotiated, and two teams have gone up.

But regardless of how much it is, we are right to have a low budget. This club simply has to pay its own way and within the limits its' crowds dictate. If that means we get relegated then que sera, its been a blast. If we can continue to punch above our weight then even better. Facilities and infrastructure come before a swquad for mne every time. EW thought different, and more power to him for it, but it caught up with us eventually and almost left us with an extra shopping day.

Re: Parachute Payments...
 

Spot on Macca :)



I am pretty sure that there is only 1 payment awarded, it does not matter if more than 1 Team goes back up!! (That was the case 2 seasons ago) I am sure the figure is circa £96K (LD will know :))

:) :) :) :) :) :) :)

Re: Parachute Payments...
 

From what I can gather with the recent changes, the pot of money distributed for teams going back up has been discontinued from next season.

However the standard payments have been increased from 72k to 250k for league 2 clubs. I think it's an end of season payment

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Bang on. And we are not the only club that should abide by that simple dictum. The problem - as we all know - is the distorting effects that the Premiership has had over the last 17 or so years and the trickle down financial burdens on the lower leagues.

The sooner Murdoch's Premiership and all it's attendant evils is abolished, the better. You never know, if we do that then maybe in 6 or 7 years time we could well see Stanley knocking on a league door two divisions above our present and England with a chance of winning the World Cup.

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no-ones disputing its right to have a low budget, its the only way like or not, but Dagenham have proved if similar is managed right, what ya can achieve. all i desire is fer em to manage it right, is that askin too much?:confused:

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Totally agree Tealeaf, football should be won and lost in a fair manner on the field of play, not which team can rack up the biggest debt. The sooner the system implodes at the top the better.

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Great post, agree totally!!! :)

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I think it is already starting to implode, Liverpool and Manchester United heavily in debt. Oh and so are Chelsea to a certain Mr Abramovich, as soon as he's bored Chelsea are finished. There are very few clubs now who don't have billionaire backers but even with them, we have seen what can go wrong in Pompey and Newcastle.

However I think that would be a different post should Burnley still be in it lancsdave!

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Not at all. Burnley were a bigger club than they are now before football got greedy. I'd rather our national game went back to being the working mans game than fodder for the prawn sandwich game.

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Very rare i agree wi a Dingle, but dave is bang on wi that comment, Burnley were a much bigger club when i was young.;)

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That's before me... ;-)

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Dosnt matter how big or small any parachute payment is it is still income. We cannot rely on this kind of income and need to find other ways to maximise ours. As it stands we have a small but very loyal fan base that has and will do what it can to help the club. As for the wages like many employers it is that has to be controlled with the present climate. As has been mentioned there are a few of the big clubs clawing at the tank edge to avoid the smelly contents of the tank. Any player with a chance of a better wage will move on as in any kind of employent but that could lead to some young unknow wanting a crack at the league game from the non league game a chance to shine. If we start to rely on what might be considered a afe form of income from higher up the league then we are on a slippery slope again. Best to think of the parachute payments as a brucey bonus and nothing other than. At some point it will change in the future and we would get litte or nothing.

To me these payments were there to insure that if a big team with a large fan base had a bad season and dropped to the championship it was a lifebelt. If on a regular basis it was the club from the championship that come up then go back down again keeping the ones T.V. want in the top flight they will stop. It is in a way a closed shop the premiership and the smaller clubs that make it up are there as a token jesture to stay within the rules as they stand.

Would Newcastle have gone back up without the money the parachute payment gave them?

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If you have a bit of time this makes interesting reading:):

FINANCIAL SECRECY IS RUINING POOR COUNTRIES AND FOOTBALL CLUBS ALIKE, SAYS NEW REPORT | News | Supporters Direct

Re: Parachute Payments...
 

soon as i saw Christian Aid in the report, i passed on that one.

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Shame that Cashy it is very informative document and is supported by both the Football Supporters Federation & Supporters Direct:)

Maybe Panorama tomorrow night entitled "Man. Utd. Into the Red" may be more up your street Cashy?

BBC News - Panorama - Manchester United's gumshoe super-fan

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Not really mate, mind if they go bust......That i will watch.:D;)

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For anyone who missed it:

BBC iPlayer - Panorama: Man United - Into the Red