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I think I've read somewhere that this is the case too but the parachute payment is a one off equivalent of the promoted clubs next installment added onto the solidarity payment given by the Premier League to the Football League which if true means the clubs in L1 and L2 receive their pittance as...

That narrows it down to that fella from Manchester although lots of people get him confused with the Geordie bloke who does the Sky newspaper preview on a Monday night.

Sky are increasing their subsciptions on June 1st , three months earlier than normal. The annoying thing is they have raised the family bundle by £3 a month so the sports bundle only goes up by £1 a month , firstly those customers who don't take the sports package are being shafted and secondly...

From 2016/17 the club finishing bottom of the Premier League will get roughly £100M followed by THREE seasons of parachute payments also expected to be in the region of £100M.

The new TV deal doesn't kick in until the 2016/17 season so the £120M estimate is still correct.