Prem raises offer to the EFL to £900m over 6 years

[CarolinaGreen]

Article

Will be considered by the clubs on March 11th.

It doesn't sounds like much of an improvement. Is the regulator likely to have the ability to do much to even things out equitably, or will they have to swallow this pill?

 

[cheshiregreen]

Premier League clubs fail to reach EFL funding deal -

https://www.bbc.co.uk/sport/football/68537402

 

[CarolinaGreen]

Anyone have any insight as to what this means for EFL clubs in the short term? What's next? From the news report I listened to it seems to be a showdown between the new foreign owner that want to run their businesses without any interference. They resent the FPP rules from before, and would like to fight it out in court, possibly against the government's ability to impose any rules on them. I think they might have a good shot at winning, but it would be a massive black-eye for the government. My fear is that while this is being fought, funding to the EFL comes to a stop.

 

[Argyleloyal]

To me it seems like the PL clubs are dragging their heals and are hoping the EFL clubs say don’t worry about any extra money

 

[pafcdje]

This article is as good as any :

PL fails to agree funding package for EFL clubs

Premier League clubs have again failed to agree on a new funding package for the English Football League (EFL), with club bosses too divided on the matter to even put it to a vote at an emergency meeting on Monday. The league’s voting rules require a two-thirds majority for important decisions...

theathletic.com

Existing funding will continue.

 

[Argyleloyal]

10 clubs apparently made clear before the meeting it was no point in voting on it.

REVEALED: The TEN clubs who shot down the new £900m EFL deal

A growing number of Premier League clubs are considering ditching football's 'New Deal' - and taking legal action should a government regulator try to force them to pay.

www.dailymail.co.uk

 

[aNorthernSoul]

The regulator will end up imposing this deal when they are set up and they’ll be little fanfare. Prem just trying to throw its weight around while it still can.

 

[PL2 3DQ]

Bournemouth don't want to help EFL clubs!!! They are an EFL club and will return there soon.

 

[Age of reason]

Bournemouth don't want to help EFL clubs!!! They are an EFL club and will return there soon.

An absolute nothing of a club.
I would still consider argyle a bigger club than Bournemouth if we were in league 2.

 

[Steamer]

The EFL want the abolition of parachute payments as these distort the EFL and removes fair competition. .. or so our old friend Ridsdale suggests. So would no parachute payments be a good thing or not ?

 

[Quinny]

So would no parachute payments be a good thing or not ?

No parachute payments would be brilliant.

 

[aNorthernSoul]

The EFL want the abolition of parachute payments as these distort the EFL and removes fair competition. .. or so our old friend Ridsdale suggests. So would no parachute payments be a good thing or not ?

We’re too far gone to abolish them. They should be restricted to cover the wage bill with a heavy decrease after year 1 to encourage them to move the high earners on

 

[Steamer]

Perhaps teams should have a clause in the players contracts along the lines of, if the team gets relegated either the player or the team can cancel the contract. Then teams will not be locked into contracts which cannot be paid for without the help from a parachute payment.

 

[Argy1e]

Perhaps teams should have a clause in the players contracts along the lines of, if the team gets relegated either the player or the team can cancel the contract. Then teams will not be locked into contracts which cannot be paid for without the help from a parachute payment.

I wouldn't feel confident in a relegation battle with players who know they can walk out for free if the club goes down.

 

[Age of reason]

All the clubs have to do is a clause in the players contract that their wages drop if they get relegated. If the clubs are too short sighted to do that then that’s their problem.
The sooner parachute payments are abolished the better.