Re: Here begineth the end...

Yeah, I agree with all of you who are saying similar.

The parachute payments system badly needs looking at.

It should not be the case that you can get relegated and be able to continue hosing money at going back up - that gives you a massive unfair advantage.

I think Rasputin's suggestion is a good 'un to start with - you should maybe have one parachute payment which is ringfenced for existing liabilities only. Having had that one year to sort your finances, you should be back in the rat race with everyone else. You can take the risk that you can go straight back up, against the danger of being in the shit. But you shouldn't be able to keep spending on bringing more players in or - as Fulham have done - to give your better players another new improved contract to keep them with you.