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Tonight's clash between Blackpool & Cardiff City at Wembley is estimated to be worth £90m to the winner. That's the price of being promoted to the EPL with their television rights.
Certainly worth winning!
[COLOR="Red"][B][U][COLOR="Blue"]85, 92, 97, 98, 08, 09, 10... Break the curse![/COLOR][/U][/B][/COLOR]
Tonight's clash between Blackpool & Cardiff City at Wembley is estimated to be worth £90m to the winner. That's the price of being promoted to the EPL with their television rights.
Certainly worth winning!
So what is the approach teams like Blackpool use with the £90m? Do they spend that and more to really have a crack at staying up or do spend 75% of what they are capable of and hope that other teams fall over?
I guess the scary part is being locked into contracts that they might not be able to service if they end up being relegated.
Western Bulldogs Football Club "Where it's cool to drool"
So what is the approach teams like Blackpool use with the £90m? Do they spend that and more to really have a crack at staying up or do spend 75% of what they are capable of and hope that other teams fall over?
I guess the scary part is being locked into contracts that they might not be able to service if they end up being relegated.
It's one of the real dilemnas faced by teams coming up into the Premier League. There are really 3 options;
1. Go all out to stay up, using up most of the money in the process and potentially getting into bad debt if it doesn't come off (Hull now is an example)
2. Don't do anything major with the money onfield and try and get players who are mentally strong in the hope of grinding out enough results to stay up
3. Mixture of the above where you try and spend money in the hope of staying up but not enough to risk your future if it doesn't work.
For Blackpool, I suspect they'll go for option 2 and the money will be mainly used to improve their stadium and facilities so that they can become a strong Championship team when they go back down.
Currently they have a stadium that only holds around 12.5k so clearly it needs improvement and doing so, if done right, will bring in more money over the long term than the current tv rights money they get for 1 season in the Premier League.
The Premier League distributes a small portion of its television revenue to clubs that are relegated from the league in the form of "parachute payments". Starting with the 2006–07 season, these payments are in the amount of £6.5 million over the club's first two seasons in lower leagues, although this rose to £11.2 million per year for clubs relegated in 2007–2008.
Unfortunately this is much more than Championship teams who have never been in the Premier League receive & is one of the reasons that teams often return at the first attempt.
[COLOR="Red"][B][U][COLOR="Blue"]85, 92, 97, 98, 08, 09, 10... Break the curse![/COLOR][/U][/B][/COLOR]
It's one of the real dilemnas faced by teams coming up into the Premier League. There are really 3 options;
1. Go all out to stay up, using up most of the money in the process and potentially getting into bad debt if it doesn't come off (Hull now is an example)
2. Don't do anything major with the money onfield and try and get players who are mentally strong in the hope of grinding out enough results to stay up
3. Mixture of the above where you try and spend money in the hope of staying up but not enough to risk your future if it doesn't work.
For Blackpool, I suspect they'll go for option 2 and the money will be mainly used to improve their stadium and facilities so that they can become a strong Championship team when they go back down.
Currently they have a stadium that only holds around 12.5k so clearly it needs improvement and doing so, if done right, will bring in more money over the long term than the current tv rights money they get for 1 season in the Premier League.
What is the approach that WBA use? They seem to be very successful in bouncing around both competitions. No soon as they drop back down they are back in contention the following year.
Western Bulldogs Football Club "Where it's cool to drool"
What is the approach that WBA use? They seem to be very successful in bouncing around both competitions. No soon as they drop back down they are back in contention the following year.
WBA tend to go with option 3. They're not an overly well off club but never in trouble financially. One of the reasons why they yo-yo between the leagues is the parachute payment that TCD mentions above but also, they play a very fluent, attacking style of play which works very well in the Championship but they don't really change it when playing the better clubs in the Premier League and as a result, the skill level difference catches them out and sends them back down again.
The best way for teams to keep out of relegation in the Premier League is to be defence orientated and have a home ground that suits their exact style (most teams have the ability to alter the dimensions within limitations) but WBA tend to stick to their gamestyle as a matter of principle, perhaps to keep supporter numbers high as people generally like watching attacking football.
Sheffield Wednesday was relegated from the Championship into Coca-Cola League One this year. To answer GVGjr's question, clubs have to be ever so careful in managing the 90 million pound windfall, because since our relegation from the Premier League 10 years ago now, and despite the parachute payments to help out relegated clubs adjust to a far lower budget, we have never recovered and are still nearly 50 million pounds in debt, stumbling from coach to coach, and being a giant basketcase, basically, despite having the 6th largest supporter base in England and one of its best stadiums (Hillsborough).
Lucky my wife is Spanish/Australian, so I can still follow some successful clubs (although her local team is Sporting Gijon, more like a Spanish version of the Dogs than Real Madrid, for example) and the Spanish national team is doing okay. My dad is a Manchester man, so he can still enjoy Sir Alex's exploits.
All I have left is Victory and the Socceroos. C'mon Aussie come on!
Sheffield Wednesday was relegated from the Championship into Coca-Cola League One this year. To answer GVGjr's question, clubs have to be ever so careful in managing the 90 million pound windfall, because since our relegation from the Premier League 10 years ago now, and despite the parachute payments to help out relegated clubs adjust to a far lower budget, we have never recovered and are still nearly 50 million pounds in debt, stumbling from coach to coach, and being a giant basketcase, basically, despite having the 6th largest supporter base in England and one of its best stadiums (Hillsborough).
Lucky my wife is Spanish/Australian, so I can still follow some successful clubs (although her local team is Sporting Gijon, more like a Spanish version of the Dogs than Real Madrid, for example) and the Spanish national team is doing okay. My dad is a Manchester man, so he can still enjoy Sir Alex's exploits.
All I have left is Victory and the Socceroos. C'mon Aussie come on!
A guy I work with follows Sheffield Wednesday and has been mentioning that they will be purchased by some consortium that specializes in owing sports clubs in the lower tiers and helping them move up the divisions.
Western Bulldogs Football Club "Where it's cool to drool"
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