May 19, 2024

Gary Neville's view on the problem with money in English football



Published May 31, 2023, 3:39 p.m. by Jerald Waisoki


Gary Neville spoke to the Guardian's football Weekly podcast about his thoughts on the inequality of money in the English football system.

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He explains why being relegated is a financial 'disaster' for clubs and how fair investment by owners of League One and League Two clubs 'who are good for their money' could create a more competitive Premier League, with new elites coming forward all the time.

Neville also discusses the importance of an independent regulator to stop the power being held by 'American investment funds and the top six' clubs of the Premier League.

How to fix the game, with Gary Neville – football Weekly Extra ► https://www.theguardian.com/football/audio/2022/sep/29/how-to-fix-football-with-gary-neville-football-weekly-extra

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I genuinely believe there needs to be

this uh restructure of the governance of

English football we do need an

independent regulator it needs policing

football is a representation of current

Society we have a hierarchy in Elite but

we also have the clubs that need the

food banks and are basically begging all

the time and I don't it doesn't need to

be like that the problem is with English

football all the power is in the Premier

League it's not with the fa the fa is

essentially an organization that carries

no power at all or authority

um and the Premier League

is stuck they can't get anything through

and that's actually the top six can't

get anything to do so if you speak the

top six they may want to give more money

to the sort of lower leagues but they

want that to potentially be at the

expense of the 14 whereas the 14 might

want to give some money to the lower

Club so they want that to be the expense

of the top six what really got to me was

sitting in the lead to

um the league two calls during colbit

and that rescue package that lead one on

League two clubs have been asking for

didn't come for about 10 to 12 months

and I was seeing the desperation of the

clubs on the calls on the chairman and

the sort of the executives on the calls

of League two clubs yeah I was then

going to watch Premier League football

and looking at sort of all the excess

and you know the excess that exists

we've got the top probably the bottom

Club in the in the Premier League

getting 100 million you've got the top

of the championship being five or six

unless they're a parachute club and then

they get 44 million and then you've got

this massive problem with parachute

payments Rick Paris summed it up

brilliantly if there wasn't a cliff you

wouldn't need a parachute you know what

it should be is a step down that there

should be sporting disappointment and

some Sonic enough some economic

disappointment if you get

um relegated from the Premier League the

problem is it becomes a disaster I want

us to have a competitive Premier League

where the elite can be challenged that

means we need new Elite coming forward

all the time orders I think should be

allowed to invest into football clubs

above the level of their revenues as

long as they're good for their money I

believe then what you allow is sulfur to

go from Step eight of English football

up to step two if we only ever were able

to spend our Revenue we would be stuck

in non-league forevermore I genuinely

believe there needs to be this uh

restructure of the governance of English

football we do need an independent

regulator it needs policing we cannot

allow the power to to rest in the hands

of American Investment funds and the

orders of the top six clubs I have no

problem with American Investment funds

coming into football in this country

because I know we can't stop it I

actually think we've benefited from

investment into the Premier League and

it's a product that everyone around the

world enjoys but however American

Investment funds do not think like the

English football fan in this country

they want to extract and take they don't

want to give back and and basically

live in the spirit of what English

football is they don't they're not

interested in that

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