So this presumably means the end of the reserve team structure in the Prem (which was dying anyway), and gives our academy players the chance to play more competitive games (with over-age players) more regularly. Cant be bad.
I think trousers means something slightly different by 'insignificant' - that humanity is too small a component of the planet to affect global climate. In that, he is demonstrably (and I use that word advisedly) wrong.
In the film business there's a contract clause known as 'favoured nations', This means that you do not agree to terms any less favourable than other named individuals. So long as players hold to the same football creditor terms as others making the same claim, they should be both protected (relatively speaking) and can argue that they've have done their bit.
I suspect that even if all the players leave, they will keep their football creditors' claims on the table, so that the parachute payments do not quite so easily fall into the hands of Chainrai.
Just to kick you when you're down, trousers.
http://www.guardian.co.uk/business/2012/jul/25/shock-gdp-fall-deepens-double-dip-recession
It could hardly get much worse than a 50-year low, but no doubt will, given Osborne's rank incompetence.
Is that right though? I was under the impression the FL had said that Chainrai could not carry his secured position in its entirety over to newco. In which case, we've yet to hear whether he's even still in the running. Has he made any statement at all since the FL's announcement?