Parachute payments

W

warmleyseagull

Well-known member

Apr 17, 2011

4,212

Beaminster, Dorset

• Jun 2, 2017

• #1

PL announced yesterday the spilt of payments: http://www.bbc.co.uk/sport/football/40125394.

Confirms that we are guaranteed nearly £100m next season.

Eight Championship teams received parachute payments, of whom the following six remain in the division next season: Norwich & Villa £41m each, QPR £31m; Cardiff, Reading & Fulham £16m each.

Newcastle received £41m and Wigan £16m.

Reading have received their final payment, Cardiff & Fulham have one more year each, and QPR two. This was under the old rules of four years' payments for relegated teams. This and last season's relegated clubs will get three years (Sunderland) or two years (Boro and Hull - lasted only one season). Norwich receive for one more season, and Villa two.

I hadnt quite realised how the new PL deal helps teams relegated 2/3/4 seasons ago, QPR especially.

 

Last edited: Jun 2, 2017

Albion my Albion

Well-known member

NSC Patron

Feb 6, 2016

17,769

Indiana, USA

• Jun 2, 2017

• #2

I'm certainly glad that I'm not the one who has to follow those parachutes all over Brighton until they land and we can then take that cash to the bank. Does the PL drop pound notes or cheques from their airplane?

 

Gritt23

New member

Jul 7, 2003

14,902

Meopham, Kent.

• Jun 2, 2017

• #3

Albion my Albion said:

I'm certainly glad that I'm not the one who has to follow those parachutes all over Brighton until they land and we can then take that cash to the bank. Does the PL drop pound notes or cheques from their airplane?

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Oh my goodness, how have Sky never thought of doing that? It would be a whole day of "lunacy" with outside reporters standing by the stadium reporting on "clear skies at the moment, but we're expecting an influx of light aircraft at any moment."

 

H

Horsham Gull

H Block Offender

Dec 4, 2006

8,600

Horsham

• Jun 2, 2017

• #4

I dont know the ins and out of this but dont Newcastles parachute payments stop now they are back in the Prem?

 

J

Jimmehh

Well-known member

Mar 21, 2016

758

Sussex by the Sea

• Jun 2, 2017

• #5

Horsham Gull said:

I dont know the ins and out of this but dont Newcastles parachute payments stop now they are back in the Prem?

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Yes

 

Tim Over Whelmed

Well-known member

NSC Patron

Jul 24, 2007

10,183

Arundel

• Jun 2, 2017

• #6

https://www.denbigharmysurplus.co.uk/collections/army-parachutes

Someone's making a lot of money somewhere, a squad is what 36, even if they needed two each it would only need 72, plus say 30 for the coaching staff, what's the rest wasted on?