It is said that money is what makes the world go round. It
is certainly the grease that keeps the transfer merry-go-round turning and wow,
how well lubricated that is at the moment. I love watching top quality football
with the best players in the world and having the opportunity to do so from my
sofa 4 or 5 times a week is fantastic but I’m no longer sure this is worth the
price. I don’t mean the actual cost of the various subscriptions one has to
have to BT and Sky etc but how the money from TV deals is affecting the game.
This is highlighted within the English game at the moment in the disparity
between Premier League (and Championship) clubs and Lower League clubs.
What is going on at Bury breaks my heart as a football fan.
My club went through something similar 7/8 years ago and it was horrible. We
were close to extinction and it looks like Bury have one foot over the edge. 2
games postponed, not enough players to make a team, a transfer embargo and a
seemingly mental chairman. They will be starting their season with a 12 point
deduction when (or if!) it finally gets started. As with all these things there
are two sides of the story and Bury got in this position in the first place
because they were obviously spending too much money. However, we don’t want to
lose any football clubs. Especially a decent size club with a decent history in
the Football League. They have played in every Football League season since
1894. I would much rather have a Bury than a Salford any day of the week. There
is a very real chance that we could see Bury kicked out of the EFL very soon.
Bolton too started the season with a 12 point deduction but
a takeover looks to be on the cards to keep them alive. Every season, there
seems to be clubs struggling financially. Surely this shows that there needs to
be tighter regulations over money spending in the EFL and the so called ‘Fit
and Proper’ test for owners needs to be made fit for purpose itself.
EFL management issues aside, a lot of this stems from the
Premier League and TV deals. Not only do teams want to play in the Premier
League because it is the highest league in the country but because it is worth
more than £120m a season to each team. The influx of TV money (£1.7 billion a
season) into the EPL means transfers prices have rocketed because everyone
knows they can name their price now. A small portion of this money filters down
to EFL clubs through solidarity payments. In 2018/19, a total of £106.3m
was paid to EFL teams not receiving parachute payments (payments to teams
relegated from the EPL to help them adjust to no longer being in the EPL) by
the EPL as a ‘we appreciate you’ pat on the head kind of gesture. That is a
hefty amount of money but is still less than one Premier League team receives
in a season. Also, once these payments are split out, they start to show the
increasing disparity within the EFL itself. It makes sense for Championship
teams to receive higher payments than those in League 1 or 2 because it is a
higher league, higher wages etc. However, the difference is considerable and
shows why the Championship is becoming a second Premier League. Of the £106.3m
solidarity payments, £79.1m is given to Championship teams. £4.65m to each
team. That leaves £27.2m for Leagues 1 and 2. Teams in the Championship are
receiving £4.65m while those in League 1 get £0.7m and League 2 get £0.47m.
There is no way League 1 and 2 teams can hold on to their best players when
Championship teams will offer players 5 or 10 times their wage just to sit on
the bench. Unless a team has a sugar daddy owner (plural in the case of
Salford), they just cannot do it.
Despite the above, clubs in the Championship are
consistently making losses of millions of pounds each season in the hope that
they will be playing against the big guns of the Premier League. In order to
have the best chance to get promoted, they are offering higher and higher
salaries to bring in the best players and they don’t get promoted that year
then they may have to go bigger the following season to try again. I believe
the appropriate term is dicing with death.
Every supporter wants to see their club playing in the
Premier League, of course, but would you gamble the future of your club on
making it? I know I wouldn’t.
PS. English football existed before 1992.