Peterborough United chairman’s blueprint to restore the EFL’s reputation and he’s willing to back his words up with action

Peterborough United chairman Darragh MacAnthony believes healthy wage cuts for players and financial bailouts are required to get football through the crisis caused by the coronavirus.
Posh chairman Darragh MacAnthony. Photo by Mark Thompson/Getty Images.Posh chairman Darragh MacAnthony. Photo by Mark Thompson/Getty Images.
Posh chairman Darragh MacAnthony. Photo by Mark Thompson/Getty Images.

MacAnthony’s final hard-hitting podcast of the season was critical of EFL leadership, but he also offered an olive branch because he fears for the competition’s future once the economic reality caused by the coronavirus pandemic hits home.

The Posh chairman is so keen to help football survive the crisis he’s offered to fly into the UK from the United States and quarantine himself for 14 days before negotiating on the EFL’s behalf!

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“Me, my co-owners, my manager and my playing staff are committed to making a go of next season,” MacAnthony stated.

“But there need to be many changes at the EFL and how it does it business. I get criticised for what I say, but at least I come up with solutions

“The EFL has to stop all this voting nonsense and start leading.

“Now is the time to heal and to get better and if the EFL want me to fly over and help I’m happy to do that. I’d quarantine myself for 14 days if necessary that’s how keen I am to help.

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“It’s going to be a seriously difficult time financially for many clubs and we will need to adapt. We are all going to have to accept pain before it gets better.

“For a start we must change the loan system so EFL clubs no longer have to pay thousands of pounds to Premier League clubs to borrow their players. There should be a cap of between £500-700 per week.

“Player salaries have to come down now. There needs to be a 30% pay reduction to help clubs come through this crisis.

“The players on big comfy contracts who won’t budge need to know that a lot of their fellow professionals will be out of work.

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“Players should accept less money, but be rewarded with longer deals and with extra bonus payments.

“The PFA need to get on board with this. Again I will come over and negotiate with them. They need to realise football is not in a healthy position.

“Clubs also need a bailout package. League One clubs need between £1 million to £1.5 million. This can be paid back over time.

“There is a lot to do, but it’s clear different strategies are required. If we can get them in place there’s no reason football won’t be in a strong place again in a couple of years time.”

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