The great thing about money is that it`s fungible. This does not mean that it is „fun“ (yes, it can also be), but it can be easily exchanged either for goods and services or, in this case, for compensation. And that means you can come to an agreement. Rick Parry, president of the EFL, has warned against „indignation“ and a „violation“ of the agreements if the Championship clubs are not denied entry to the Premier League. 4.2 Any club that violates Regulation 4.1 frees the League, at its request, from any loss, injury, liability, cost or expense incurred or incurring the league resulting directly or indirectly from such an infringement, including, but without prejudice to the universality of the above, loss of revenue or profits resulting from sponsorship or other trade agreements or agreements. (a) the conclusion of a voluntary agreement on a company pursuant to Part 1 of the Insolvency Act, a contractual system with creditors, in accordance with Part 26 of the 2006 Act, or a compromise agreement with its creditors as a whole; This „tripartite agreement“ to which he refers is the agreement reached when the Premier League separated from the Football League with the blessing of the football federation. It guarantees a number of things, including the concept of „three at the top, three at the bottom.“ So this is where you go the little chicken and throw it in the towel. That is where you would basically see three results, all bad. „It would be a break from the tripartite agreement between us, the Premier League and the Football Federation, and I guess the AI would also have a position on that.“ Lawyers get rich if this happens,“ EFL president Rick Parry told government officials. There would be different degrees of indignation on the part of a number of clubs in our league, it would violate the tripartite agreement between us, the Premier League and the Football Federation… the sure answer is that it would be very complicated.
It goes without saying that the top club wants to play the season with the risk of the distant descent, but Parry suggested that he would be very „messy“ if this happened and warned that it would be a break in the tripartite agreement between the Premier League, the EFL and the Football Federation. The representation contract refers to a written contract, as it is presented to the football association in the form (in force from time to time) and submitted to the football association in accordance with these provisions. „The Premier League is aware of our position in this situation. The lawyers will get richer [if the PL decides not to go down],“ Parry told the UK Digital, Culture, Media and Sports Committee. „There would be some indignation on the part of a number of clubs in the league, and that would be a break from the tripartite agreement.“ Read also – How to wear a mask could land you in case of greater risk of coronavirus Explains 3.1.6 the terms of an agreement reached by the League; Parry, however, said he would be very „messy“ if that were the result and said it would be a breach of the tripartite agreement between the Premier League, EFL and FA. 3.1 Membership to the League will engage and respect an agreement between the League and each club: But EFL president Parry has issued a clear message that lawyers will be sent if his promotion clubs are not due to a closed store deal of Premier League bosses. Asked what would happen if the Premier League`s position changed, Parry said: „Lawyers will get rich if this happens. There would be some indignation on the part of a number of clubs in our league, and that would be a break from the tripartite agreement.
3.3 Such an agreement, which takes effect from the date of the club`s entry into the League and ends with the recruitment of that club as a member (without prejudice to the rights or rights that were born or are born with respect to acts or omissions before that date).