Ipswich Town boss blasts parachute payments for Premier League failures

Mick McCarthy

Mick McCarthy

IPSWICH Town manager Mick McCarthy has blasted the widening financial gap between the Premier League and Championship but will embrace the battle between the haves and have nots.

Teams relegated from the Premier League this season will receive up to £60m over the next four years in parachute payments, thanks to the new TV deals which are set to top £5bn, giving them a golden chance to return to the top tier at the first attempt.

Town, virtually safe from relegation to League One, meanwhile, could be hit by a punishment from next season should they not adhere with the new Financial Fair Play (FFP) regulations.

The FFP rules aim to limit investment from owners and curb total spending and will also prevent club chiefs such as Marcus Evans from funding their clubs through loans.

“Of course it will have an affect. It’s a huge advantage that. It means they (relegated sides) can keep their teams,” said McCarthy.


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“Bolton have kept a huge squad on a huge wage bill and, but for the start of the season, they’d be in the play-offs. They should be with the squad they’ve got.

“Wolves should be in the play-offs, Blackburn – with the wage bill and millions they’ve spent – should be there too.

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“It’s not fair, but I kind of like kicking against fair. I like all that, a bit of a scrap between the haves and have nots.”

Meanwhile, McCarthy, who has picked up 50 points from 31 games as Town manager to guide Ipswich to the verge of safety, has hailed the club’s owner.

“Marcus (Evans) has been exactly the same since day one to today. He has never changed his demeanour towards me, win, lose or draw, to the position that we are in the league,” said McCarthy

“That’s been lovely to deal with, not just happy when we win and down when we lose.”

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