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Cortese not Happy

John B

By John B
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John B

John B

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Suspect there's more to it than first meets the eye. Can't see how democracy can be upheld when relegated teams are not going to bite the hand that feeds them.

 

Cortese may be worried about the competition in the Championship with club with large parachute payments.

 

 

That said if it stops clubs like Southampton going in to Administration that may not be bad

dronskisaint

dronskisaint

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He's absolutely right - the FL put up a bit of token resistance then bent over smiling!

 

Yes - they allowed the PL to dictate the terms &, from reports at the time, put down an ultimatum that carried threat but no hope of institution of that threat & that's a lousy business position to put yourself in. The Championship clubs were always going to grasp the deal as many of them desperately need money today...the better deal would have been one that spread the money more evenly through the FL.

 

He won't make himself popular talking good business sense to a closed 'club' but he's right.

holepuncture

holepuncture

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Spot on NC, I remember hearing you are involved in a variety of consultations with the FL and PL due to your high caliber expertise and high profile experience.

 

Revolutionise the system , sort out what David Conn has been writing (screaming from the rooftops) all these years.

 

COYNC

John B

John B

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Love it...a chairman who is not afraid to stand up for what he thinks is right!!!

 

That maybe true but what was the letter going to achieve the response seems to be a little terse.

 

The whole thing was discussed at a meeting and voted on some weeks ago

The Kraken

The Kraken

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He is right, the extension of the parachute payments will only lead to more desperation from lower-end Premier League clubs and, IMO, more clubs racking up huge debts in search of short term gain.

aintforever

aintforever

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Cortese is right in what he says IMO. The FL League have just bent over and took it us the arse.

 

These larger parachutes are going to make the Championship as dull and pointless as the Prem - football in this country is ****ed up.

Dan Johnson

Dan Johnson

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Cortese is absoultely right, the FL surrendered with a whimmper, this is another move that will just further expand the gap between the premier league/top of championship & the lower leagues. Another example of throwing money at the problem!!

Under Weststand

Under Weststand

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Absolutely spot on with that NC couldn't agree more. The bigger parachute payments just mean you've got at least 2 seasons to have a real go at getting back up before the hard decisions have to be made. The NPC seem to believe that this extra revenue will help keep clubs going, but to what end? Is this going to create a more competitive league? No! its just about protecting the PL brand. You drop down to the NPC & are now protected for 4 seasons, then if your in trouble financially its not their problem its the FL's. And not a problem they are interested in as they've long been forgotten by the media. Until a really big club gets into trouble in the PL & they can't get rid of them like Poopey then nothing will change. The money grinder will keep on turning & the money will keep going out of the game.

JustMike

JustMike

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yep, spot on NC. They had a bit of this on SSN this morning with the newspaper guy. Relegated teams will come down with huge wedges of cash to follow, instantly giving them even more of an edge over their competitors.

trousers

trousers

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Another Devil's Advocate viewpoint.....

 

I wonder if Cortese would have writen the same letter had he been at the helm of a football club relegated from the Premier League at the end of last season?

Doctoroncall

Doctoroncall

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Not only will we see the relegated sides compete in the top six that come down from the PL but with the such a wide margin between the champ and L1 the same will happen there. I think in a few years time, the Champ will be more predictable, just as the PL is. Good luck to Blackpool, I hope they make more use of the money than the skates and I hope we can make a speedy return before the gap becomes to great.

 

Umm, just thought any relegated side that makes an instant return to the PL will no longer receive the parachute payments. I beleive they are spread out to the champ sides bar the newly relegated sides the following season. So perhaps the gap may not be so great?

Edited by Doctoroncall
slow, missed last point
MarkSFC

MarkSFC

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That maybe true but what was the letter going to achieve the response seems to be a little terse.

 

The whole thing was discussed at a meeting and voted on some weeks ago

 

We havent seen the whole letter so cant really comment on the overall "tone". I just like the fact that hes willing o go against the grain when he feels it is right to do so. We really are in safe hands.

Cabrone

Cabrone

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I don't agree with the idea of paying clubs if they leave the premier league full stop as it reduces competitiveness and simply closes that league up.

 

That said, if the payments must persist then why not pay clubs as they get promoted - not relegated. That way they get a chance to compete in the prem straight away and Coke teams are not disadvantaged when prem teams come down.

EastleighSoulBoy

EastleighSoulBoy

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At the time of this proposal from the EPL and the ensuing discussions I seem to recall it being mooted somewhere that there was a possibility that the, then, CCC would consider breaking away and becoming an EPL Div. 2. Leaving the FL to stand alone with just the remnants, being L1 and L2 etc.

 

Now I'm wondering if those 72 chairmen also took that hypothesis on board and felt they had to keep the 72 united and so accepted the deal under what I feel was coercion?

corsacar saint

corsacar saint

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NC is spot on,the premier league do not give a damn about the 72 league clubs[Apart from the 3 relegated each year from the premier league].

Trousers your Devils Advocate viewpoint,may well have been Saints position when they were in the premier league[that they were barely worried about the

72 league clubs]. However as NC has only been at the club since last year,he can only look at it from a league club prospective,as I am sure is his total viewpoint.

Wes Tender

Wes Tender

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I don't see much dissent towards NC's stance on this and would like to add my praise to it too. I think that the payment of parachute payments to relegated clubs gives them an unfair advantage over those clubs in the Championship division and increasing the level of the payments only exacerbates the disadvantage further.

 

Thank God we have a Chairman who is prepared to take a stand on a matter of principle and is not afraid to speak his mind.

saintmonkey1979

saintmonkey1979

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Not only will we see the relegated sides compete in the top six that come down from the PL but with the such a wide margin between the champ and L1 the same will happen there. I think in a few years time, the Champ will be more predictable, just as the PL is. Good luck to Blackpool, I hope they make more use of the money than the skates and I hope we can make a speedy return before the gap becomes to great.

 

Umm, just thought any relegated side that makes an instant return to the PL will no longer receive the parachute payments. I beleive they are spread out to the champ sides bar the newly relegated sides the following season. So perhaps the gap may not be so great?

 

Does the total of unused parachute payment get spread amongst the other teams or is it done a season at a time, kind of pro rata? If it the latter the other 21 teams will recieve only £600k each which is a lot less than the first payment for a relegated team. I fear that the gap will still spread further and NC is right to voice his concerns.

SFC Forever

SFC Forever

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NC is absolutely right. The Echo printed only half the story though, presumably as part of their spat with him.

 

 

That is how it seems to me as well. Especially when they are doing a full spread in the Pink over Stewart Henderson which may or may not have a few digs in it.

John B

John B

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[/b]

 

Does the total of unused parachute payment get spread amongst the other teams or is it done a season at a time, kind of pro rata? If it the latter the other 21 teams will recieve only £600k each which is a lot less than the first payment for a relegated team. I fear that the gap will still spread further and NC is right to voice his concerns.

 

Why is he right to express his concerns if there was a meeting and the other clubs agreed with the settlement.

 

What good is going to do - on the other hand if the letter was written prior to the meeting then that is another matter and would be fully justified

John B

John B

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That is how it seems to me as well. Especially when they are doing a full spread in the Pink over Stewart Henderson which may or may not have a few digs in it.

 

I should think when Cortese leaves the Echo will bring out a celebratory free edition

Saint_Jonny

Saint_Jonny

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I think I agree with NC on this one, giving relegated clubs £48 MILLION!! for being relegated (as in FAILING!) is totally ridiculous and totally unfair on clubs fighting it out in the NPC.

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