The most recent Nottingham Forest news is available at NottinghamshireLive. Former Trent End hero blasts club for not supporting pyramid payments; he also feels angry with Aston Villa and Liverpool.
Stan Collymore has chastised former teams Aston Villa, Liverpool, and Nottingham Forest for their refusal to support the EFL’s new financial agreement.
Representatives of commentator Collymore’s former Premier League clubs were present at Monday’s high-level shareholders’ meeting in London, but no offer was made.
A six-year agreement that would have given the EFL 14.75% of net media revenue from the Premier League, estimated to be valued at around £900 million, has been discussed; however, elite teams have determined that negotiating a new financial structure to replace the existing sustainability and profitability regulations should take precedence.
Collymore, who left Forest in 1995 after making 65 appearances and scoring 41 goals, took to Twitter to criticise his former team as well as other teams he had played for honourably over a remarkable career.
“Thank you to those supporters of all clubs who agree with the last few tweets,” he wrote on X, the website that was formerly known as Twitter.
“Never felt more depressing than witnessing my club’s founders, no less, choose self-preservation and profit over a historically significant football pyramid that dates back more than a century.
“Villa, it’s not good enough.” Forest, it’s not good enough. Liverpool, it’s not good enough. And it’s okay if that results in me being banned from all three.
“The pyramid’s flexibility and solidarity are the sole reasons they are where they are. And that’s true, as everyone who reads this knows.
Collymore, a Staffordshire native, went on to mention the Football League’s founder, saying, “William McGregor would be turning in his grave.”
As reported by the Mail, an increasing number of Premier League teams are thinking about abandoning their support for the recently announced £900 million settlement and pursuing legal action if they are made to pay.
“Top-flight sides met in the hope that a vote would be held on an offer to be made to the EFL over a financial settlement ahead of the arrival of the game’s ombudsman,” the story that was deemed “exclusive” said. However, fewer than half of the league made it plain in advance that such a ballot was not worthwhile, so it never even happened.
The clubs mentioned in The Mail were Bournemouth, Nottingham Forest, Wolves, Arsenal, Chelsea, Tottenham, Liverpool, West Ham, Aston Villa and Wolves.
Collymore started his career at Wolves and later saw success at Forest, having previously played in non-league football with Stafford Rangers. He moved to Liverpool for a then-record-breaking £8.5 million in transfers from England.
The government has stated time and time again that it wants the football authorities to reach a new financial settlement amongst themselves, but it has also issued a warning that a new one might be forced upon them by the new independent regulator’s “backstop” powers.
“At a Premier League shareholders’ meeting today, clubs agreed to prioritise the swift development and implementation of a new league-wide financial system,” a Premier League official stated.
“This will guarantee the Premier League’s ability to maintain its current world-class investment at all levels of the game and give clubs confidence regarding their future financial plans.””In addition to this, Premier League clubs reaffirmed their commitment to obtaining a financially sustainable agreement with the EFL, contingent upon clubs formally endorsing the new financial system.”
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