Skip to main content

It's time for the annual chestnut

It's time for that annual chestnut about the Championship play off final being the richest game in the world. It is, of course, the case that the team that loses will suffer financially: Financial strain

The financial prize awaiting Aston Villa or Derby County has actually fallen for the first time. Although the overall value of the Premier League TV rights deal has risen to a record £9.2 billion for the first time, the domestic rights bought by Sky Sports, BT Sports and Amazon have fallen from £5.4 billion to £5 billion. The payout for the winner of the Championship final (over time) has fallen from £174m to £170m, still a lot of money.

In some ways more is riding financially on the League One play off final. Sunderland will receive £35m in parachute payments in the coming season, but they still face big financial challenges.

If Charlton are promoted, the chances of barmy Belgian owner Roland Duchatelet selling the club would surely increase. Stay in League One and the club's losses will continue to mount. The best players will leave and there will be plenty of clubs interested in manager Lee Bowyer who is yet to agree a contract for next season.

Both clubs would find the Championship challenging, given the highly uneven playing field created by parachute payments and benefactor owners, not all of whom abide by the spirit of financial fair play rules. This issues has been extensively dealt with by Kieran Maguire of the PriceofFootball, our leading analyst of the finances of football, alongside the 'Swiss Ramble' from Zurich.

Nearly three-quarters of all EFL clubs are losing money, but the biggest losses are in the Championship as clubs chase the elusive dream of Premier League gold. Read here about why Nottingham Forest are keen to join the Premier League party: Financial reasons for wanting promotion

Labels:

Comments

Post a Comment

Popular posts from this blog

It's no deal say Spurs insiders over Taiwanese takeover

Senior figures at Tottenham Hotspur insisted on Friday that they had not been informed of any deal to sell Daniel Levy’s stake in the club. A business group, Eight Sports Capital — which is said to include a billionaire Taiwanese financier — claimed that it had an agreement in place to buy a 24.99 per cent stake in ENIC, the club’s majority owners, from Levy, who owns 29.88 per cent. The Times has been told Ng Wing Fai and Brooklyn Earick form part of the group, having both been linked previously to potential takeovers of the Premier League club. The Taiwanese businessman, Richard Tsai, is also said to be part of the consortium. He is reportedly worth £7 billion.  Last year Earick, the former DJ and tech entrepreneur, was part of an attempted £4.5 billion takeover, which was “unequivocally rejected” by Spurs.  An ENIC spokesperson said: “We can confirm that neither ENIC nor THFC are aware of any sale by Daniel Levy’s Family Trust of its minority stake in ENIC, THFC’...
Post a Comment
Read more

Reports about Charlton sale exaggerated

Reports have appeared in The Guardian and elsewhere that Charlton has been put up for sale. Richard Cawley is an authoritative local journalist who runs a South London Sport substack site.  He reached out to the club yesterday evening to ask for comment on The Guardian’s article. Early indications from the club have been that nothing has changed since the story about them seeking investment, except that it is now a different company doing it. Charlton have since managed to consolidate their place in the Championship, avoiding an instant return to League One, with their women’s side promoted to the WSL, returning to the top flight for the first time since 2007, although staying there is likely to be costly. It would be counter-intuitive for owners Global Football Partners not to progress the club when looking for investment, that the focus remains on driving it forward, that their spend this summer is in line with long-term planning and will see an increase in wages spent on players...
Post a Comment
Read more

Hull City's 'strange' loan

When football finance guru Kieran Maguire seems flashing lights in a club's loan deal, I become concerned.  He is the leading football finance expert in the UK. Hull City have borrowed £55m against their stadium and training ground yet they should get £30m from the Premier League before long.  What is going on? https://www.bbc.co.uk/sport/football/articles/cpwel48y51do
Post a Comment
Read more