Many clubs unhappy about Football League payments
Posted by Alan | Under Football News Saturday May 1, 2010
Some clubs are said to be less than happy with what the football league terms “solidarity payments” or parachute payments amounting to £48 million spread out over a total of four years.
It is said that the football leagues board had also become divided and unhappy over the last couple months regarding the issue and that it may be a huge hurdle for the incoming chairman Greg Clarke, who has yet to meet with all of the 72 representatives of each of the clubs.
He is said to be one of the backers of the new set of proposals which will see in excess of £170 million loss parachute payments dealt out to the clubs. Although this is a considerable increase there are many clubs which include Sheffield Wednesday, Derby County and Sheffield United who were very dissatisfied with the proposed payments.
According to them and others the way the money will be shared will have a serious effect on the balance of competitive power between the country’s clubs; they believe that it will produce a bigger gap between the major clubs and the more minor, less prosperous, clubs.
They are of the opinion that the new money deal will effectively create a second Premier League which will put money in the pockets of around a dozen clubs but will see others left out in the cold.
They also consider that this new balance of power will mean that many smaller clubs will be totally unable to complete and will never forget the opportunity to move up the English football rankings.
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