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Wolves Pay Back £260,000 To Season Ticket Holders


BdR2000

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The parachute payments make a nonsense of FFP. What difference is there to Wolves receiving £16M from the PL and a wealthy benefactor putting £16M into City or any other 3rd division club? Surely the only way to introduce some fairness, is for FFP to only come in at the level of the highest parachute payment paid to a club in the Championship or below.

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The parachute payments make a nonsense of FFP. What difference is there to Wolves receiving £16M from the PL and a wealthy benefactor putting £16M into City or any other 3rd division club? Surely the only way to introduce some fairness, is for FFP to only come in at the level of the highest parachute payment paid to a club in the Championship or below.

Good point well made.

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The parachute payments make a nonsense of FFP. What difference is there to Wolves receiving £16M from the PL and a wealthy benefactor putting £16M into City or any other 3rd division club? Surely the only way to introduce some fairness, is for FFP to only come in at the level of the highest parachute payment paid to a club in the Championship or below.

Because ffp is designed to keep the big clubs big

Bringing finances unde control is correct but more needs to be done to level the playing field

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Because ffp is designed to keep the big clubs big

Bringing finances unde control is correct but more needs to be done to level the playing field

I don't think so, it's designed to keep clubs from regularly going bust IMO. Good idea and as a relatively big club it should mean we gravitate to the top half championship / botttom half prem.

As to parachute payments they make their own kind of sense. They are there to encourage struggling premier league clubs (step forward QPR, I'm talking about you) to gamble on expensive signings to stay whilst knowing that if they go down there's a cushion there. It makes for a more exciting season than when clubs just give up in February.

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The parachute payments make a nonsense of FFP. What difference is there to Wolves receiving £16M from the PL and a wealthy benefactor putting £16M into City or any other 3rd division club? Surely the only way to introduce some fairness, is for FFP to only come in at the level of the highest parachute payment paid to a club in the Championship or below.

Absolutely spot on and a post the at last has a common sense approach to it. If only the powers that be had such a grasp of what fair play is and isn't !!!

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They must be mad agreeing to do that - chucking money away.

Individuals will receive £35 - £45 which is peanuts, but the cumulative effect on the club is over a quarter of a million which is just irresponsible.

Madness.

They are not really doing this. All they did was essentially name two prices - one for Championship football and one for First Division football. They charged to punters who renewed early the Championship price, and are just refunding the difference as agreed. Its pretty much a common sense approach if you want to get revenue in early, but don't want to screw the fans over should you be uncertain what division you'll be playing in the next season.

Hopefully we'll announce our deals before the first month of the season is over...

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Whats to stop SL buying 8000 season tickets at £400 a pop? Theres 3.2 mil right there of which 60% can go on wages.

Because that would be mental, that would be giving the club 3.2m rather than loaning it to the club. He would get nothing for his 3.2m.

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Whether its Wolves with their parachute payments or udinese B with their" endless" loanees, it makes a mockery of FFP.

Lets face it, its cost us our place in the Championship by starting to get our finances in order yet other clubs seem to be letting it go unchecked

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http://www.wolves.co.uk/documents/st-prices-rebates-matchday-prices-summer-1367-824059.pdf

Their cheapest Adult season ticket for the coming season is 345 pounds! Considering it's third division football we're talking about I think that's way over the odds.

Paid 245 for my EE season ticket season before last and that was division 2 football...

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Nope.

Can't agree with that.

They set their prices at the start of the season and then changed them before the end of the season which resulted in refunds.

Bloody stupid and irresponsible.

cynic, I think you (and many others on this thread) have got the wrong end of the stick.

This is not a refund for poor performance in season 2012/13.

Wolves have already gone through their "early bird" renewal period for the 2013/14 season where to encourage renewals they set 2 prices, one for Championship football, one for League 1 football. Fans paid the Championship price and now their fate has been sealed will be receiving refunds of the difference between the two prices offered.

In the meantime, Wolves were able to claim interest (or more likely offset debit interest) on the estimated £250k.

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