Oh, don't get me wrong, I'm dead against the current structure of the parachute payments, as I think they wildly distort the playing field in The Championship.
There needs to be a better distribution method throughout football, as it's far too top heavy at the moment. If that could be arranged then the next step would be a better method of ensuring that clubs didn't overspend beyond what is financially sustainable.
Unfortunately greed rules, and those at the top are the greediest of all, so I can't see the kind of changes we need coming voluntarily. Maybe the football regulator will be the answer?