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Viking Chat => Viking Chat => Topic started by: graingrover on July 02, 2025, 10:19:51 am

Title: Luton’s parachute payments of £32 million
Post by: graingrover on July 02, 2025, 10:19:51 am
Luton Town have agreed a fee of £2.5M to sign striker Nathan Lowe from Stoke City.

The striker got 20 G/A in 22 league games for Walsall on loan in League Two last season. Luton believe he can make the jump up to League One.
But you can’t buy the team spirit and ownership/management ethic and back-room we have at DRFC
Title: Re: Luton’s parachute payments of £32 million
Post by: selby on July 02, 2025, 10:54:35 am
  Grainge I agree with all that when things are going right in team sports, especially at professional level, until things go wrong.
  First it's the manager who has lost the dressing room and is tactically inept, then individual players who are not up to it, and all the time the supporters think the club is cheap scape, not having a decent budget, where has all the money gone? and the board want sacking is the end result, usually along with relegation.
  We start every season trying to avoid that scenario.
Title: Re: Luton’s parachute payments of £32 million
Post by: steve@dcfd on July 02, 2025, 11:15:35 am
Luton still having premier league  Parachute payments in League one is wrong there other teams before the same. Birmingham and Wrexham had wealthy billionaire owners last season to justify their spending.
As for the player good luck to him we will have to see if he develops into a consistent striker and if he does they will get their money back as he moves up the ladder.
Title: Re: Luton’s parachute payments of £32 million
Post by: DonnyBazR0ver on July 02, 2025, 11:45:35 am
Much of that money will be accounted for with current commitments plus with the financing of their new stadium it wouldn't be safe to assume they are flush with cash.
Title: Re: Luton’s parachute payments of £32 million
Post by: IDM on July 02, 2025, 12:41:06 pm
If they were crap enough to get relegated last season so still have parachute payments, good luck to them.!
Title: Re: Luton’s parachute payments of £32 million
Post by: Alan Southstand on July 02, 2025, 04:14:32 pm
Totally, totally unfair and it underlines what is wrong with parachute payments. Rewarded for failure!! :mad:
Title: Re: Luton’s parachute payments of £32 million
Post by: rich1471 on July 02, 2025, 06:34:55 pm
I think a lot of the parachute payment money will go towards the new ground being built
Title: Re: Luton’s parachute payments of £32 million
Post by: DearneValleyRover on July 02, 2025, 08:00:31 pm
They are having to sell players and others are asking for moves, this is the last season of those payments, they will have to get rid of high earners even if they get promoted so the amount they spend will be tied in with that.
Title: Re: Luton’s parachute payments of £32 million
Post by: Sammy Chung was King on July 02, 2025, 08:59:27 pm
Money doesn’t guarantee that they will win the league. Their manager will have to mould the new players into a team. I like the business we’ve done. It is really unfair but how many times have Luton been in a position like this with the parachute payment?, good luck to them. They will be good runners up behind us.
Title: Re: Luton’s parachute payments of £32 million
Post by: GazLaz on July 02, 2025, 09:13:52 pm
Money doesn’t guarantee that they will win the league. Their manager will have to mould the new players into a team. I like the business we’ve done. It is really unfair but how many times have Luton been in a position like this with the parachute payment?, good luck to them. They will be good runners up behind us.


Think you said the same about Birmingham last season.
Title: Re: Luton’s parachute payments of £32 million
Post by: RobTheRover on July 02, 2025, 10:10:08 pm
I quite fancy them to f**k up spectacularly.
Title: Re: Luton’s parachute payments of £32 million
Post by: sedwardsdrfc on July 02, 2025, 10:18:02 pm
Totally, totally unfair and it underlines what is wrong with parachute payments. Rewarded for failure!! :mad:

To be fair it’s not rewarding failure they’d be much better off for not failing. I don’t like it but it seems a necessary evil with the money in the prem.

For example how can a promoted club attract players to compete in the prem and stay financially viable if they do get relegated. No potential signing is going to agree to a 80% wage cut on relegation. So they need something to given them a safety net if they do get relegated after trying to compete.

It’s already becoming a bit of a closed shop which isn’t good for the game imo
Title: Re: Luton’s parachute payments of £32 million
Post by: drfchound on July 02, 2025, 11:27:59 pm
They are having to sell players and others are asking for moves, this is the last season of those payments, they will have to get rid of high earners even if they get promoted so the amount they spend will be tied in with that.

To be fair though, Lowe should be a good signing for them.
Title: Re: Luton’s parachute payments of £32 million
Post by: DearneValleyRover on July 03, 2025, 08:17:09 am
They are having to sell players and others are asking for moves, this is the last season of those payments, they will have to get rid of high earners even if they get promoted so the amount they spend will be tied in with that.

To be fair though, Lowe should be a good signing for them.

Depends, he didn’t make it at Stoke
Title: Re: Luton’s parachute payments of £32 million
Post by: les@donr on July 03, 2025, 05:07:17 pm
Their parachute payments didn’t save them from relegation. It can be a blessing or a curse.
Title: Re: Luton’s parachute payments of £32 million
Post by: ForsolongaRover on July 03, 2025, 06:07:55 pm
Much of that money will be accounted for with current commitments plus with the financing of their new stadium it wouldn't be safe to assume they are flush with cash.

Their accounts to 30/06/24 convey a rather cautious attitude and perhaps they went too far in that direction in the season just finished.

On the subject of the cost of a new stadium, this is what came up online when I posed the question:
"For example, a 10,000-seater stadium could cost between £10 million and £50 million, while a larger, modern stadium like Tottenham Hotspur's cost over £1 billion."

So given Luton's location within the London commuter belt, the parachute payments could well be comfortably sucked up with those numbers.   
Title: Re: Luton’s parachute payments of £32 million
Post by: DonnyBazR0ver on July 03, 2025, 07:03:53 pm
Much of that money will be accounted for with current commitments plus with the financing of their new stadium it wouldn't be safe to assume they are flush with cash.

Their accounts to 30/06/24 convey a rather cautious attitude and perhaps they went too far in that direction in the season just finished.

On the subject of the cost of a new stadium, this is what came up online when I posed the question:
"For example, a 10,000-seater stadium could cost between £10 million and £50 million, while a larger, modern stadium like Tottenham Hotspur's cost over £1 billion."

So given Luton's location within the London commuter belt, the parachute payments could well be comfortably sucked up with those numbers.   

Their new stadium was originally going to be built to a 18,000 capacity with a view to expanding it to @25k later down the line but, given their time in the Prem, they decided to go straight to the larger capacity.

Premier League promotion will save Luton £40m on increasing Power Court capacity https://share.google/ecjxyB37YtFSdCNTU

They have a couple of seasons to endure before they move and benefit from bigger revenues, assuming they don't suffer from overinflated building costs in the meantime. Probably a risk worth taking given how long overdue the new stadium has been.
Title: Re: Luton’s parachute payments of £32 million
Post by: Chris Black come back on July 30, 2025, 07:11:15 pm
Luton Town have agreed a fee of £2.5M to sign striker Nathan Lowe from Stoke City.

The striker got 20 G/A in 22 league games for Walsall on loan in League Two last season. Luton believe he can make the jump up to League One.
But you can’t buy the team spirit and ownership/management ethic and back-room we have at DRFC

On loan at Stockport County for this season.
Title: Re: Luton’s parachute payments of £32 million
Post by: dknward2 on July 30, 2025, 07:13:46 pm
Think that should get them top 2 easy
Title: Re: Luton’s parachute payments of £32 million
Post by: ForsolongaRover on July 30, 2025, 07:25:35 pm
Think that should get them top 2 easy

Stoke obviously did not rate him too highly at Championship level. Will his impact at League 1 be so predictable? But perhaps you know more than you are telling us.
Title: Re: Luton’s parachute payments of £32 million
Post by: GazLaz on July 30, 2025, 08:22:52 pm
Look certainties for the title do Luton. 7/2 looks a great price. Best squad in the league by a mile for me.
Title: Re: Luton’s parachute payments of £32 million
Post by: ncRover on July 30, 2025, 08:29:32 pm
Look certainties for the title do Luton. 7/2 looks a great price. Best squad in the league by a mile for me.

Could argue one of the best managers too with where he got Wycombe to before leaving.
Title: Re: Luton’s parachute payments of £32 million
Post by: selby on July 30, 2025, 09:49:36 pm
  Just relegated big parachute payments, what odds were they to get promotion last season?
Title: Re: Luton’s parachute payments of £32 million
Post by: In the box on July 31, 2025, 08:45:48 am
  Just relegated big parachute payments, what odds were they to get promotion last season?
In the past teams of a similar size went through this Barnsley , Blackpool Bolton , Wigan, Portsmouth etc they are fell and kept falling because this type of momentum has its own destination. Luton are no different their business plan was like the others not to get relegated but couldn’t sustain the level of expenditure needed to cover wages and ground improvements and keep loyal fans paying low season ticket prices. Millionaire owners don’t n spend money unless they’ve covered its potential loss first . Ryan Lowe is a panic buy and vain demonstration of their problems after having to shed players on higher wages and it could pay off, yet with several potential clubs who will be challenging its back to the drawing board . Rovers ,  Stockport and even Peterborough are all good out side bets to  spoil their  challenge. Rtid
Title: Re: Luton’s parachute payments of £32 million
Post by: Chris Black come back on July 31, 2025, 09:41:53 am
I should add perhaps that Nathan Lowe is still very much a Stoke City player, with three years left on his contract there. He is loaned out to Stockport County.
Title: Re: Luton’s parachute payments of £32 million
Post by: Bessie Red on July 31, 2025, 09:59:09 am
  Just relegated big parachute payments, what odds were they to get promotion last season?
In the past teams of a similar size went through this Barnsley , Blackpool Bolton , Wigan, Portsmouth etc they are fell and kept falling because this type of momentum has its own destination. Luton are no different their business plan was like the others not to get relegated but couldn’t sustain the level of expenditure needed to cover wages and ground improvements and keep loyal fans paying low season ticket prices. Millionaire owners don’t n spend money unless they’ve covered its potential loss first . Ryan Lowe is a panic buy and vain demonstration of their problems after having to shed players on higher wages and it could pay off, yet with several potential clubs who will be challenging its back to the drawing board . Rovers ,  Stockport and even Peterborough are all good out side bets to  spoil their  challenge. Rtid
Luton haven't bought Lowe, he has gone on a seaaon long loan to Stockport.
Title: Re: Luton’s parachute payments of £32 million
Post by: ravenrover on July 31, 2025, 10:39:38 am
Which Lowe Ryan or Nathan?
Seems to be a bit of confusion
Title: Re: Luton’s parachute payments of £32 million
Post by: Al4475 on July 31, 2025, 10:51:51 am
I have always said, and still do, that Parachute Payments following relegation is wrong.

Give the club the money when they get to the league- say to them, "there's your £50m (as an example) reward for getting to this league - spend it wisely to try and stay up by all means, but get relegated and you ain't getting feck all else apart from the payment for your final league position - good luck,"

Regardless of division.

The whole, "Hard luck on your relegation, here's some money to help you in the league below" doesn't wash with me and never has.

Reward success by all means, but that should be it - a reward  for success.
Title: Re: Luton’s parachute payments of £32 million
Post by: DonnyBazR0ver on July 31, 2025, 10:56:45 am
Yes  I was confused. I thought from the OP, Nathan Lowe had been sold to Luton, then to hear he'd been signed by Stockport on loan. However, he didn't sign for Luton so it's a loan from Stoke to Stockport.

I don't get the vibes that Luton are anywhere near certain for promotion and see Huddersfield and Stockport more likely with maybe Bolton as stronger contenders.
Title: Re: Luton’s parachute payments of £32 million
Post by: Chris Black come back on August 01, 2025, 04:50:24 pm
Wrexham look a disaster waiting to happen. Just paid £2m for Conor Coady. His wages will be what? 50k week? Also bid £7m for him the Ipswich lad.

Yes, there is major advertising revenue but they are going to find it far harder going this season in Championship. Lower mid table obscurity in the second tier isn’t quite the Hollywood story is it?
Title: Re: Luton’s parachute payments of £32 million
Post by: Arsenal Of The North on August 01, 2025, 07:48:22 pm
Wrexham look a disaster waiting to happen. Just paid £2m for Conor Coady. His wages will be what? 50k week? Also bid £7m for him the Ipswich lad.

Yes, there is major advertising revenue but they are going to find it far harder going this season in Championship. Lower mid table obscurity in the second tier isn’t quite the Hollywood story is it?

I personally think it’s their best chance, in my opinion the championship this season looks the weakest it’s been in years! I expect Birmingham and Wrexham to be in the mix for the top 6.

Title: Re: Luton’s parachute payments of £32 million
Post by: GazLaz on August 01, 2025, 08:35:24 pm
Wrexham look a disaster waiting to happen. Just paid £2m for Conor Coady. His wages will be what? 50k week? Also bid £7m for him the Ipswich lad.

Yes, there is major advertising revenue but they are going to find it far harder going this season in Championship. Lower mid table obscurity in the second tier isn’t quite the Hollywood story is it?

They are buying their next manager in Coady…
Title: Re: Luton’s parachute payments of £32 million
Post by: NickDRFC on August 01, 2025, 08:38:21 pm
Wrexham look a disaster waiting to happen. Just paid £2m for Conor Coady. His wages will be what? 50k week? Also bid £7m for him the Ipswich lad.

Yes, there is major advertising revenue but they are going to find it far harder going this season in Championship. Lower mid table obscurity in the second tier isn’t quite the Hollywood story is it?

They are buying their next manager in Coady…

The team talks would be something else. He talks like John Barnes on a sped up WhatsApp message.
Title: Re: Luton’s parachute payments of £32 million
Post by: rich1471 on August 03, 2025, 05:30:46 pm
I have always said, and still do, that Parachute Payments following relegation is wrong.

Give the club the money when they get to the league- say to them, "there's your £50m (as an example) reward for getting to this league - spend it wisely to try and stay up by all means, but get relegated and you ain't getting feck all else apart from the payment for your final league position - good luck,"

Regardless of division.

The whole, "Hard luck on your relegation, here's some money to help you in the league below" doesn't wash with me and never has.

Reward success by all means, but that should be it - a reward  for success.
If they did not get parachute payments all clubs going up would come straight back down or go bust they need to try and compete
Title: Re: Luton’s parachute payments of £32 million
Post by: DonnyBazR0ver on August 03, 2025, 09:27:01 pm
I have always said, and still do, that Parachute Payments following relegation is wrong.

Give the club the money when they get to the league- say to them, "there's your £50m (as an example) reward for getting to this league - spend it wisely to try and stay up by all means, but get relegated and you ain't getting feck all else apart from the payment for your final league position - good luck,"

Regardless of division.

The whole, "Hard luck on your relegation, here's some money to help you in the league below" doesn't wash with me and never has.

Reward success by all means, but that should be it - a reward  for success.
If they did not get parachute payments all clubs going up would come straight back down or go bust they need to try and compete

If that's the case, there's obviously something fundamentally wrong with the system which has allowed such a gulf between Championship and Prem. Football, with all the smart people in it, should be able to manage the financial risks, including their player contracts with relegation clauses etc.

What you're saying proves intelligence has been overriden by greed where sensible decisions haven't been made. Parachute payments are a sticking plaster rather than a permanent solution.
Title: Re: Luton’s parachute payments of £32 million
Post by: sedwardsdrfc on August 03, 2025, 09:38:17 pm
I have always said, and still do, that Parachute Payments following relegation is wrong.

Give the club the money when they get to the league- say to them, "there's your £50m (as an example) reward for getting to this league - spend it wisely to try and stay up by all means, but get relegated and you ain't getting feck all else apart from the payment for your final league position - good luck,"

Regardless of division.

The whole, "Hard luck on your relegation, here's some money to help you in the league below" doesn't wash with me and never has.

Reward success by all means, but that should be it - a reward  for success.
If they did not get parachute payments all clubs going up would come straight back down or go bust they need to try and compete

If that's the case, there's obviously something fundamentally wrong with the system which has allowed such a gulf between Championship and Prem. Football, with all the smart people in it, should be able to manage the financial risks, including their player contracts with relegation clauses etc.

What you're saying proves intelligence has been overriden by greed where sensible decisions haven't been made. Parachute payments are a sticking plaster rather than a permanent solution.


Thing is you can have the contracts written to protect the clubs etc but no one is signing for a newly promoted club with a 90% pay cut written in. No one of a standard to make those clubs competitive anyway.

Yes it shows there’s something wrong with the game but the payments are needed for the good of the top flight and safety of clubs trying to compete.

Not sure how it’s solved without handicapping the prem. maybe that’s not the worst thing in the world but as a country it’s a big asset so we’re unlikely to try and weaken it.
Title: Re: Luton’s parachute payments of £32 million
Post by: DonnyBazR0ver on August 03, 2025, 10:51:45 pm
I have always said, and still do, that Parachute Payments following relegation is wrong.

Give the club the money when they get to the league- say to them, "there's your £50m (as an example) reward for getting to this league - spend it wisely to try and stay up by all means, but get relegated and you ain't getting feck all else apart from the payment for your final league position - good luck,"

Regardless of division.

The whole, "Hard luck on your relegation, here's some money to help you in the league below" doesn't wash with me and never has.

Reward success by all means, but that should be it - a reward  for success.
If they did not get parachute payments all clubs going up would come straight back down or go bust they need to try and compete

If that's the case, there's obviously something fundamentally wrong with the system which has allowed such a gulf between Championship and Prem. Football, with all the smart people in it, should be able to manage the financial risks, including their player contracts with relegation clauses etc.

What you're saying proves intelligence has been overriden by greed where sensible decisions haven't been made. Parachute payments are a sticking plaster rather than a permanent solution.


Thing is you can have the contracts written to protect the clubs etc but no one is signing for a newly promoted club with a 90% pay cut written in. No one of a standard to make those clubs competitive anyway.

Yes it shows there’s something wrong with the game but the payments are needed for the good of the top flight and safety of clubs trying to compete.

Not sure how it’s solved without handicapping the prem. maybe that’s not the worst thing in the world but as a country it’s a big asset so we’re unlikely to try and weaken it.

That's cos we're brainwashed to believe the Prem would be weaker and wouldn't attract good players. But what's actually happening is overinflated wages for alot of average players, only too happy to return to other European Leagues after making a mint from the Prem, not forgetting the agents who love the Premier League.
Title: Re: Luton’s parachute payments of £32 million
Post by: Chris Black come back on August 16, 2025, 07:03:33 pm
  Just relegated big parachute payments, what odds were they to get promotion last season?
Millionaire owners don’t n spend money unless they’ve covered its potential loss first . Ryan Lowe is a panic buy and vain demonstration of their problems after having to shed players on higher wages and it could pay off, yet with several potential clubs who will be challenging its back to the drawing board . Rovers ,  Stockport and even Peterborough are all good out side bets to  spoil their  challenge. Rtid

Peterborough could come good but you would think it might be after they part company with Ferguson. Their last 10 league games have seen 0 wins, 3 draws and 7 losses. Of particular note, they have lost all three league games this season, scoring only one goal. Their next two games are Bradford and Barnsley. Will be interesting to see if their Chairman has the patience if they come out of those two with nothing to show.