This nails why parachute payments are fundamentlly anti-competitive. The £3m Mehmeti deal shows how clubs with these payments can make "disposable" signings that others cant afford to gamble on. Reminds me of venture capital firms dunno, burning through cash on mayb-useful acquisitions. Low-risk experimentation only works when you have the safety net.
Money is an issue, no matter what the league. Man City just cherry picked Guehi from Palace, and Semenyo from Bournemouth, strengthening their own position and and weakening 2 clubs in the same league.
The knock on effect is that teams like Crewe are losing £1m a year. Crewe!! Trying to keep their position and treading water in the same division incurs a 7 figure loss. Smarter minds than mine will try and find a solution, but until the tv money in the EFL can get near the PL then I don’t see one
This is exactly it. Of all the times to make this”an issue”, now is not it. The article itself references the other 5 teams receiving payments then squarely ignores it. Instead highlighting the club who 2 years ago ensured that the 3 relegated clubs didn’t all go straight back up. Yes, money needs to be more evenly distributed, but even within the PL structure it isn’t, and you rightly point that out.
Parachute payments have always been a huge, unfair advantage. If you want to really highlight this then the signing of Kasey Mcateer for a reported £12million by Ipswich last summer is surely the best example one could ever get? Arguably £10million overpaid for a bang average squad player at best.
Great article and thoroughly agree. Additionally, if Mehmeti was putting in these goals and assists for a parachute club then his contract situation would have been sorted. Bristol City would never have let Mehmeti run down his deal if they themselves had parachutes.
As a side point, I will poke a bit of fun at Bristol City. We at Wycombe told you that you had a future star and possible Premier League talent on your hands and you never gave him his flowers. You constantly criticised him. Now your star player has looked elsewhere for appreciation. Move on up, Anis. Most exciting player at Wycombe since Eze.
He is good, you cannot argue with his output but he's not a premier league talent. This situation is hugely frustrating for us of course and I think deserve criticism for letting him go at all. But he's not going to play many minutes in the premier league at all, and this season has been his best season by far.
So we earned parachute payments from pretty much nowhere and it’s an issue. What’s broken is the gulf in TV revenue, not the parachute payments. This time last year everyone was bemoaning the fact that the 3 promoted clubs were coming straight back down again. Well you can’t have it both ways.
Also goes to show how well we (Ipswich) did to have the best January 2024 window when our competition in the promotion race were not only three parachute teams but ones that had had long stints in the Prem.
I think there’s an argument that while parachute payment clubs have a ridiculous advantage in terms of adding depth, the unexpected promotion challengers arguably have more scope to improve their starting XIs in January because they can attract a quality of player that they couldn’t in the previous summer - eg. Kieffer Moore two years ago.
Boro could potentially do this in the last week of the window as they’ve got the FFP headroom.
This nails why parachute payments are fundamentlly anti-competitive. The £3m Mehmeti deal shows how clubs with these payments can make "disposable" signings that others cant afford to gamble on. Reminds me of venture capital firms dunno, burning through cash on mayb-useful acquisitions. Low-risk experimentation only works when you have the safety net.
Money is an issue, no matter what the league. Man City just cherry picked Guehi from Palace, and Semenyo from Bournemouth, strengthening their own position and and weakening 2 clubs in the same league.
The knock on effect is that teams like Crewe are losing £1m a year. Crewe!! Trying to keep their position and treading water in the same division incurs a 7 figure loss. Smarter minds than mine will try and find a solution, but until the tv money in the EFL can get near the PL then I don’t see one
This is exactly it. Of all the times to make this”an issue”, now is not it. The article itself references the other 5 teams receiving payments then squarely ignores it. Instead highlighting the club who 2 years ago ensured that the 3 relegated clubs didn’t all go straight back up. Yes, money needs to be more evenly distributed, but even within the PL structure it isn’t, and you rightly point that out.
Parachute payments have always been a huge, unfair advantage. If you want to really highlight this then the signing of Kasey Mcateer for a reported £12million by Ipswich last summer is surely the best example one could ever get? Arguably £10million overpaid for a bang average squad player at best.
So Leicester got parachute payments plus the McAteer money and are still bottom half.
Great article and thoroughly agree. Additionally, if Mehmeti was putting in these goals and assists for a parachute club then his contract situation would have been sorted. Bristol City would never have let Mehmeti run down his deal if they themselves had parachutes.
As a side point, I will poke a bit of fun at Bristol City. We at Wycombe told you that you had a future star and possible Premier League talent on your hands and you never gave him his flowers. You constantly criticised him. Now your star player has looked elsewhere for appreciation. Move on up, Anis. Most exciting player at Wycombe since Eze.
He is good, you cannot argue with his output but he's not a premier league talent. This situation is hugely frustrating for us of course and I think deserve criticism for letting him go at all. But he's not going to play many minutes in the premier league at all, and this season has been his best season by far.
So we earned parachute payments from pretty much nowhere and it’s an issue. What’s broken is the gulf in TV revenue, not the parachute payments. This time last year everyone was bemoaning the fact that the 3 promoted clubs were coming straight back down again. Well you can’t have it both ways.
Also goes to show how well we (Ipswich) did to have the best January 2024 window when our competition in the promotion race were not only three parachute teams but ones that had had long stints in the Prem.
I think there’s an argument that while parachute payment clubs have a ridiculous advantage in terms of adding depth, the unexpected promotion challengers arguably have more scope to improve their starting XIs in January because they can attract a quality of player that they couldn’t in the previous summer - eg. Kieffer Moore two years ago.
Boro could potentially do this in the last week of the window as they’ve got the FFP headroom.