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Author Topic: Luton’s parachute payments of £32 million  (Read 4384 times)

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Arsenal Of The North

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  • Posts: 773
Re: Luton’s parachute payments of £32 million
« Reply #30 on August 01, 2025, 07:48:22 pm by Arsenal Of The North »
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.




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GazLaz

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Re: Luton’s parachute payments of £32 million
« Reply #31 on August 01, 2025, 08:35:24 pm by GazLaz »
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…

NickDRFC

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  • Posts: 7008
Re: Luton’s parachute payments of £32 million
« Reply #32 on August 01, 2025, 08:38:21 pm by NickDRFC »
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.

rich1471

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  • Posts: 3183
Re: Luton’s parachute payments of £32 million
« Reply #33 on August 03, 2025, 05:30:46 pm by rich1471 »
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

DonnyBazR0ver

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Re: Luton’s parachute payments of £32 million
« Reply #34 on August 03, 2025, 09:27:01 pm by DonnyBazR0ver »
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.

sedwardsdrfc

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  • Posts: 5036
Re: Luton’s parachute payments of £32 million
« Reply #35 on August 03, 2025, 09:38:17 pm by sedwardsdrfc »
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.

DonnyBazR0ver

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  • Posts: 19908
Re: Luton’s parachute payments of £32 million
« Reply #36 on August 03, 2025, 10:51:45 pm by DonnyBazR0ver »
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.

Chris Black come back

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  • Posts: 16233
Re: Luton’s parachute payments of £32 million
« Reply #37 on August 16, 2025, 07:03:33 pm by Chris Black come back »
  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.

 

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