EFL chief says parachute payments are ‘an evil that must be eradicated’

0
7
- Advertisement -

  • Rick Parry hits out at Premier League over rescue package
  • Football needs a ‘compete reset’ including wage cuts

The chairman of the EFL, Rick Parry, has criticised the Premier League for failing to help lower-league football as he admitted to a potential £200m black hole in club finances by September.

Parry, appearing before the House of Commons digital, culture, media and sport committee, called for a “complete reset” of the way football is run, including the introduction of a wage cap and an end to parachute payments, which he described as “an evil that must be eradicated”.

Continue reading…

Written by Paul MacInnes
This news first appeared on https://www.theguardian.com/football/2020/may/05/efl-chief-parachute-payments-evil-eradicated-football under the title “

EFL chief says parachute payments are ‘an evil that must be eradicated’

“. Bolchha Nepal is not responsible or affiliated towards the opinion expressed in this news article.