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Parachute payments - unfair help?

Parachute payments - unfair help?

Burnley chairman Barry Kilby is considering legal action against the Premier League over the payment of so-called parachute money to clubs who are relegated from the top-flight.

'I will be campaigning this autumn for us to bring this to court,' he told BBC Radio Lancashire.

'It's a good, strong case. I honestly feel that it's an illegal subsidy from the Premier League that distorts our competition so badly.'

Sheffield United, Watford and Charlton will benefit to the tune of £6.5m over the next two seasons if they do not make an immediate return to the Premiership.



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Writer:CCFC
Date:Wednesday August 8 2007
Time: 12:54PM

Comments

0
he has got a point, but would he be complaining if Burnley went up and then came down ?
Eddie01
08/08/2007 14:00:00
0
This is becoming a big issue now. I agree that the only people complaining are those who have not benefited, but if you're relegated you should take the consequences - not continue to rake in the Prem cash. About time that players took some of the financial pain and took a cut in salary if their team got relegated (it could be built into their contracts)
chrisb
08/08/2007 14:22:00
0
Absolutely Agree That Parachute Money Should Be Discontinued. But To Take The Issue A Step Further The Whole Allocation Of Revenue Needs To Be Re-Examined To Make It Fairer For Clubs Ouitside Of The Prem......But Unfortunately The Irresponsible Football Authorities Do Everything They Can To Appease The So Called 'Big Clubs'.............
horseworrier
08/08/2007 15:24:00
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