Skip to main content

What goes up inevitably comes down?

It looks very likely that the three teams promoted from the Championship last season will be relegated from the Premier League.

What is clear is that the number of points required to finish above the dotted line has been trending downwards for a decade, as have the cumulative points haul of the three relegated sides. It now requires mismanagement on a pretty epic scale for an established Premier League club to be relegated.

Seventeenth-placed Wolves are averaging less than a point per game but could feasibly fail to win another point and stay up with 26 points, which is what 18th-place Luton finished on last season. When Charlton were in the top flight the survival target was 40 points.

Usually, however, they are putting up a better fight than this. The nine-point gap between 18th-placed Ipswich and Wolves in 17th is also the biggest gap at this stage in the Premier League era, and by some distance: only once has the deficit been more than three points.

Yet even huge investment, spent smartly, guarantees nothing. According to Transfermarkt, Ipswich’s £106million spree following promotion was world football’s 13th-highest outlay during the summer transfer window.

Southampton, who spent just under £100million, were only two places further behind on that list and in a table of Premier League spending, they ranked seventh and eighth respectively. Leicester’s £72million outlay was a little more conservative, but was still more than Crystal Palace, Wolves, Newcastle United, Everton, Liverpool and Manchester City. But these days, even for a club like Leicester — who won the Championship with 97 points in their first season outside the top flight for a decade — there is no room for errors of judgment.

All three will be cushioned by parachute payments of £49million next season, a figure almost ten times bigger than their Championship rivals receive in Premier League solidarity payments. And that’s the other side to this story: the increasingly distortive effect of the Premier League’s economic model on the competitive balance of the division below.

Sheffield United and Burnley, both relegated last season, are second and third in the Championship, while Leeds United, relegated the season before (after staying up for two seasons), sit top of the table. Yet abolishing parachute payments, as the EFL’s chairman Rick Parry continues to lobby for, would threaten to disincentivise promoted teams from investing.

Indeed, there is a growing sentiment in Premier League boardrooms that granting the EFL’s wish would not be such a bad thing, as it would further entrench their top-flight status.

With American owners increasingly in place in the top flight, it is possible that there will be pressure to reduce the number of promotion places.   Investors don’t like to see their expensive franchises relegated, an unfamiliar concept in the US.

 

Comments

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’...

Spurs CEO attacks luxury training base

The Tottenham Hotspur chief executive Vinai Venkatesham has issued a withering assessment of the way the club was run under Daniel Levy, likening the state-of-the-art training centre to a five-star hotel rather than a centre of high performance.  Venkatesham was appointed to his role in April 2025, having stepped down as chief executive at Arsenal the previous summer. However, he has said that some aspects of the club were “in a significantly worse state” than he expected.  “Our training centre is amazing, one of the best, if not the best in the world,” Venkatesham told BBC Sport. “But when you look around, it looks more like a five-star hotel than it does a performance environment. That will change over the summer. I think there are many areas where the club hasn’t got the right level of expertise.”  He explained that the football side of operations was the club’s main downfall when he arrived last year. [One Spurs fan wryly observed that it was like a water company sayi...

Fulham requires big funding from owner

After lengthy delays, Fulham’s shiny, new Riverside Stand has finally opened, creating “a unique Thameside destination with first class facilities for supporters and partners on match days, as well as for the wider community year-round”. This ambitious project has increased Craven Cottage’s capacity by around 4,000 to 29,600, while it has also taken advantage of the club’s fantastic location and wealthy catchment area by including two Michelin star restaurants, a rooftop swimming pool, corporate hospitality and event space, all benefiting from views of the Thames. Chief executive Alistair Mackintosh observed, “Fulham is the sort of club that can have a business class or first class and have fans that turn left on a plane.” Indeed, there is also an exclusive members club – with a football season ticket as an optional extra. It’s fair to say that “the times they are a-changing”, as this is a long way from the traditional pie and a pint. However, in a world where clubs face the tw...