The Football Club that go up and down and up and down and up and down

and when they were up they were up and when they were down they were down and when they were only halfway up they were neither up nor down we'll never know which dukee of York this historic English nursery rhyme refers to but its lyrics paint an eerie depiction of a football club based in East Anglia East Anglia is analytically the ass end of England within the region of East Anglia is the fine City of Norwich I'm Jack ree I'm the founder of uh talk nor City and I support norch City because I'm from from Northfolk and there's no other option Chris ree talk nor City because it's my local Club if you cut me open I bleed yellow and green norch is a fine City we're very lucky to be where we're from it's incredibly difficult to get to in Norfolk norch City the only professional club and that's quite rare if you're from London if you're from up North there's so much Choice everyone around here is rooting for the same cause we've got plenty of History it's a family Club it supports the community hugely it's just incredibly unique and I think we're we're really proud of [Music] that founded in 1902 Norwich City were first promoted to the top tier of English football 70 years later in 1992 they were found a member of the Premiership and in the very first season of Premiership football Norwich finished third it was liquid football but the liquid run out 1995 Gangsters Paradise dominates the UK charts and Norwich City are relegated from the Premier League there's nothing Coolio about that 2004 Norwich find a way back into the Premier League this time they finished second botton sorry they were relegated immediately Norwich City then got themselves back into the Premier League in 2011 and this is where it gets quite repetitive so feel free to zone out in 2014 norch city were relegated from the Premier League in 2015 nor city were promoted back into the Premier League in 2016 norch city were relegated from the Premier League in 2019 norwi city were promoted back into the Premier League in 2020 Norwich City were relegated from the Premier League in 2021 Norwich City were promoted back into the Premier League and in 2022 Norwich City were relegated from the Premier League 2025 for which is where we are now thank goodness norch City are in the playoffs and therefore have a strong chance of being promoted back to the Premier League here is a Turn Style at Norwich City and another why are Norwich referred to as a yo-yo Club is it because you really like children's toys no uh it's it's because we go up and down the leagues trying our best to succeed uh spending what we can within our means to try to be the best football club we can [Music] beow it we often discuss the financial divide within the Premier League table Manchester City's Squad value is that of around 800 million whereas Luton Town spent 5.5 million assembling their squad but what about the gap between the Premier League league and the championship the Premier League generates billions of pounds each season in broadcast Revenue so if you're relegated from the Premier League you suddenly lose access to a lot of money which is why in 2006 parachute payments were introduced to English football why did the Premier League give you parachutes when you got relegated you know surely they needed to read the room you've just been relegated didn't need gifts um well where does it begin that we're a self-funded club we we we need the money to to reinvest um we've not got a sugar daddy at the top of the tree um so it's really important that Norwich again try to do things the right way me hang on so they we don't need they didn't give you actual parachutes parachute payments were brought in to limit the risk of a club going into Administration post relegation after enduring the financial demands of the Premier League essentially when a Premier League club is relegated in that first season they receive 55% of what they would have brought in on the Premier League's basic TV money deal in the second season they get 45% and if they've been in the Premier League for more than one season in the third year post relegation they'll get a further 20% norch City have received 186 million in Parachute payments since 2015 they've been relegated four times just a throw some context at you not literally the premier league has a 100 million annual budget for all the other English football clubs in what they call solidarity payments so if you get parachute payments you get a lot more money basically I think we all want to see equality how that system is created I'm not sure we're seeing it already aren't we you know Burnley Sheffield United Luton going up probably coming back down the flip side of who've come down probably going straight back up we have been I guess fortunate in a sense that we' been caught up in a system that helps Propel us forwards we need to receive the parachute payments na because the Gap is getting bigger and bigger to survive in the Premier League we need a little bit of help and that's okay because we're trying to do it the right way NE yeah so what is the right way the right way is to be self-funded spend within your means um I think that's the right way the goal is to ensure that the gap between the top 20 in English football and the rest doesn't become so big that these guys are unable to build a bridge to get to that top 20 unless they've already been there before so that stories like loten town can keep happening year upon year upon year no matter how much the Premier League generates do you prefer the journey into the Premier League or do you prefer being in the Premier League well I have to say I think I'm in the minority of this nor City it's the David versus Goliath surely you've seen the norch norch 3 Manchester City uh to NE it was an epic iconic day that David versus Goliath is why I support Norwich us against them properly properly run football club um versus a club that's just a bit soulless what is going on what is going on I I cannot believe I I would admit I WR us off I think most people in the stadium wrote us off the neutrals wrote us off the pandits wrote us off and you know what I'm fed up at the disrespect of this that win I will remember for the rest of my life so what do you think guys would you decrease the amount of money given in Parachute payments to increase the amount given in solidarity payments to the whole English pyramid or do you think parachute payments are fair and a way to protect football clubs but also solidarity payments should increase too do you have another suggestion in how we can maintain balance sustainability and security of football clubs in the long term the billions of pounds that the premier Le generates how much of that do they deserve to keep or should they be giving more of it away let me know what you guys think we'll take this discussion to the comment section and I will see you in the next video have you ever bought a cookbook from a rival Chef to deia Smith I'm not sure if you know NE um I know you're from further up North but if you're born in northfur it's one of the rules you can't it can't happen and if you walk around the local bookshops here all rival cookbooks have been banned only deia Smith's on show so what's the protocol if Jamie Oliver's book was in a bookstore they get shut down immediately the police turn up and if you were to buy that book you get moved out of the county passionate mm

Channel: StuntPegg

Views: 191,590

Keywords: premier league, football league, norwich city, rise and fall, promotion, relegation, premier league relegation, fall from grace, efl, english football, stuntpegg, football club, up and down

Id: CUnRENYJdrM

Length: 8min 11sec (491 seconds)

Published: Mon Apr 29 2024