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Premier League bail out for EFL

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GrimRob
September 24, 2020, 10:07am

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It's the mother of all benign loans, but the clubs will have to take it. Wonder what the National League will do? Will the EFL toss them a few scraps?


'Tis better to have loved and lost than never to have loved at all.  
~ Alfred Lord Tennyson

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TheRonRaffertyFanClub
September 24, 2020, 10:10am
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They should hand out the cash with no strings whatsoever because the PL owes EFL clubs for keeping grassroots football going for the past 20odd years while they and their greasy broadcaster pals and seedy investors have been coining it in by signing average tat players from abroad and setting up their selfish deals to spread the income global.

What we may think of the EFL itself does not matter. The PL has bags of dirty cash stashed and it’s time they unloaded some in recognition of what football is really about.

Every PL exec should also be made to read, inwardly digest and learn every word of Gregor Robertson’s Times article.


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Heisenberg
September 24, 2020, 11:04am
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They should hand out the cash with no strings whatsoever because the PL owes EFL clubs for keeping grassroots football going for the past 20odd years while they and their greasy broadcaster pals and seedy investors have been coining it in by signing average tat players from abroad and setting up their selfish deals to spread the income global.

What we may think of the EFL itself does not matter. The PL has bags of dirty cash stashed and it’s time they unloaded some in recognition of what football is really about.

Every PL exec should also be made to read, inwardly digest and learn every word of Gregor Robertson’s Times article.


This leaves me torn.  Firstly, there are clubs, particularly in The Championship, who, as the article earlier rightly points out, cannot be bailed out because of their own idiocy.

Secondly, this B Team thing may be us being paranoid, but the prospect scares and repulses me.

Thirdly, will the PL clubs demand a further change on how they poach the best youngsters from up and down the country?  The sale of these types of players are our lifeblood, and I do not trust the PL to 'do the right thing'.

My preference, without a doubt, would be to ride this season out, as a club take the financial hit that'll need servicing over the coming years, and survive that way.  And, completely selfishly, watch a handful of other clubs fall around us.  Some will find that latter bit distasteful, but sometimes there are those that just simply are not viable in this day and age.  I don't think we're one of them, so to hamstring us with debt from the PL when we could possibly get by without it would mean we are looked down on by the big boys forever more, and I really hate that.

If some clubs fall by the wayside, there is ALWAYS someone better run in non-league who can take their place, always.


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moosey_club
September 24, 2020, 11:04am
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To uphold the fair play finance rules then the fairest way to divvy out any money would be to give each club a settlement around their lost income based on the historic income ?

So for us for example no of lost home games x average gate receipt , commercial advertising sponsors lost income, matchday sales etc.......

All those numbers are known by every club and must be in their accounts/ books so should be readily available. You can argue +/- percentages based on recent upturn or downturn but overall each club would be compensated for its actual loss making it a more equal approach.


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TheRonRaffertyFanClub
September 24, 2020, 11:14am
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Quoted from Heisenberg


This leaves me torn.  Firstly, there are clubs, particularly in The Championship, who, as the article earlier rightly points out, cannot be bailed out because of their own idiocy.

Secondly, this B Team thing may be us being paranoid, but the prospect scares and repulses me.

Thirdly, will the PL clubs demand a further change on how they poach the best youngsters from up and down the country?  The sale of these types of players are our lifeblood, and I do not trust the PL to 'do the right thing'.

My preference, without a doubt, would be to ride this season out, as a club take the financial hit that'll need servicing over the coming years, and survive that way.  And, completely selfishly, watch a handful of other clubs fall around us.  Some will find that latter bit distasteful, but sometimes there are those that just simply are not viable in this day and age.  I don't think we're one of them, so to hamstring us with debt from the PL when we could possibly get by without it would mean we are looked down on by the big boys forever more, and I really hate that.

If some clubs fall by the wayside, there is ALWAYS someone better run in non-league who can take their place, always.




I’m not naive. The PL will always want to have chains not strings attached to any loans or bail outs. When you have spent 20-30 years conning punters into spending hard earned cash to support what is basically a money laundering operation, you are not going to suddenly become Santa Claus. The PL exists to make money, nothing else. It has no interest in English football per se only in the fact that English clubs have a captive following.

The deal will be a tiny amount for L2 and a lot for the big Championship sides. Take it and go back for more later.



"There are places I'll remember
All my life, though some have changed
Some forever, not for better
Some have gone, and some remain
All these places had their moments
With lovers and friends, I still can recall
Some are dead, and some are living
In my life, I've loved them all."
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diehardmariner
September 24, 2020, 11:55am
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Quoted from ginnywings


It's not about extra games, it's about extra teams. Do you want to be playing against Man Utd B in League 2? There is a real concern that teams may go to the wall; Macclesfield already have, and who will fill those spaces?


Again though, even with an extra team (it wouldn't be an extra team, it's just a glorified reserve team), what is the benefit to the likes of Manchester United if they've got their kids playing in League Two as opposed to against Liverpool's Under 23's?  If they want their players to get that nitty, gritty experience of playing at the lower levels there's a loan market which they utilise quite well, in the case of someone like Chelsea to a tidy profit as well.

The big concern for the Premier League clubs, especially the bigger boys, is around restrictions on signing foreign players in the brave new post-Brexit world.  The likes of Man City are already attempting to combat this with clubs around the world coming under their wider umbrella, I fully expect others to follow suit too.  It's here where I think they'll demand EFL in return for a bail-out, very much a 'you scratch my back, I'll feed you a crumb' scenario.  Granting B Teams into League Two serves absolutely benefit to the clubs at the top of the table.

With regards who replaces those clubs that go to the wall?  Well, the cynic in me thinks that'll present an opportunity to cap relegation from the Premier League.
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golfer
September 24, 2020, 12:09pm
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Spot on
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pen penfras
September 24, 2020, 12:10pm

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Quoted from moosey_club
To uphold the fair play finance rules then the fairest way to divvy out any money would be to give each club a settlement around their lost income based on the historic income ?

So for us for example no of lost home games x average gate receipt , commercial advertising sponsors lost income, matchday sales etc.......

All those numbers are known by every club and must be in their accounts/ books so should be readily available. You can argue +/- percentages based on recent upturn or downturn but overall each club would be compensated for its actual loss making it a more equal approach.


That's basically what the article says will happen.

What it doesn't say is whether it's a loan or a 'gift'. Lots of comments about it being a loan in here, but I thought it was a donation to keep clubs going.

I don't think B teams can be introduced without a vote among clubs, so it's not going to happen.
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WayneBurnettsJockstrap
September 24, 2020, 12:36pm

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Quoted from Meza


Yeah probably something like this

Champ - 60%
LG1 - 30%
LG2 - 10%


Even just 10% for L2 would be 25 million and 24 clubs to share it out to.

Considering Mr Day said we would lose an extra 250000 then a million quid would nicely cover that.....and some!


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ginnywings
September 24, 2020, 1:38pm

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Quoted from diehardmariner


Again though, even with an extra team (it wouldn't be an extra team, it's just a glorified reserve team), what is the benefit to the likes of Manchester United if they've got their kids playing in League Two as opposed to against Liverpool's Under 23's?  If they want their players to get that nitty, gritty experience of playing at the lower levels there's a loan market which they utilise quite well, in the case of someone like Chelsea to a tidy profit as well.

The big concern for the Premier League clubs, especially the bigger boys, is around restrictions on signing foreign players in the brave new post-Brexit world.  The likes of Man City are already attempting to combat this with clubs around the world coming under their wider umbrella, I fully expect others to follow suit too.  It's here where I think they'll demand EFL in return for a bail-out, very much a 'you scratch my back, I'll feed you a crumb' scenario.  Granting B Teams into League Two serves absolutely benefit to the clubs at the top of the table.

With regards who replaces those clubs that go to the wall?  Well, the cynic in me thinks that'll present an opportunity to cap relegation from the Premier League.


I think if they can get feeder clubs or B teams into the football pyramid, they will. It already happens in other countries and if there is a way of shoehorning them in here I think they will take it. The trouble with big, powerful organisations is that they tend to want to get bigger and more powerful.

It's been said that it wouldn't happen because it would have to be voted in by lower league clubs, but if those lower league clubs are on the verge of bankruptcy, or worse, have already gone, then it becomes easier for the rich and mighty clubs to get their way. Desperate times call for desperate measures.

I hope you're right but they have already managed to get their u23's into a cup competition, which i saw at the time as the thin end of the wedge. They may use this to hammer that wedge just a little further.
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