The outgoing Charlton chairman Michael Slater has discussed the financial constraints facing many Championship clubs in an interview with the South London Press. As we have argued for some time, it is becoming a de facto Premiership 2.
Slater says, ‘The key factor is that every season in the Championship eight or nine clubs will have Premier League parachute money of up to £20million a year and this makes it difficult for Charlton to compete. There is no denying the correlation between a club’s budget and finishing position in the league.’
The outgoing Charlton chairman Michael Slater has discussed the financial constraints facing many Championship clubs in an interview with the South London Press. As we have argued for some time, it is becoming a de facto Premiership 2.
Slater says, ‘The key factor is that every season in the Championship eight or nine clubs will have Premier League parachute money of up to £20million a year and this makes it difficult for Charlton to compete. There is no denying the correlation between a club’s budget and finishing position in the league.’
‘And there are clubs like Brighton, Leicester and Leeds that do not have parachute payments but have much more revenue – Leeds has almost three times as much. Therefore many clubs in the Championship start every season at a competitive disadvantage, and the chances of automatic promotion are remote. The play-offs are the best that many clubs can hope for and then you need some luck. It’s a very competitive league. ‘