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Evening Standard
Evening Standard
Sport
James Robson

Abandoning of parachute payments ‘supported’ as future of football discussed

The future of football’s governance and finances were among issues discussed by Culture Secretary Oliver Dowden and football leaders on Tuesday.  

Among other topics up for debate was how quickly fans would be allowed back into stadiums as clubs up and down the country continue to deal with the financial impact of having to play behind closed doors. 

Dowden met with key stakeholders within the game during the meeting and tweeted later: "Constructive conversation with football leaders on governance & £, diversity & getting fans back I want to work together with football to make progress on important issues for the game's long-term future Discussions to continue as we start our fan-led review of governance”

With the future of sustainability of the game a hot topic in light of coronavirus and the much-criticised Project Big Picture, which was driven by Manchester United and Liverpool, the financial prospects of lower league clubs remains a critical issue.  

The Telegraph reports ministers support the idea of parachute payments being replaced by an annual fund of up to £200million, which is seen as a better way to support football below the Premier League.  

While Project Big Picture was swiftly dismissed, it raised issues about the  stability of football.

Providing support to English Football League clubs that have been so badly hit by the financial impact of coronavirus is chief among concerns.  

Parachute payments to a small number of clubs are seen by some as anti-competitive, as opposed to a fund for all, which is particularly vital at a time when finances have been so desperately hit by games having to be played behind closed doors.

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