M
Member
Speaking in the House of Lords on 17 March 2025
Debate
Football Governance Bill [HL]Contribution
In the Championship, there are concerns about increased dominance of clubs which are in receipt of parachute payments. These are clearly designed to protect relegated clubs financially, but they also give the appearance of the Premier League favouring its own members. The consequence is that parachute payments are harming the competitive balance of the Championship and making it more difficult for other Championship clubs to be promoted. In addition, the high wages in the Premier League—the consequence of the League’s commercial success—are putting additional strain on the finances of Championship clubs which are not receiving parachute payments but find themselves competing in the same labour market.
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