Premier League's relegated clubs to receive £60m boost
Tue Apr 16, 2013 2:54 pm
http://www.bbc.co.uk/sport/0/football/22171365 
Clubs relegated from the Premier League will receive in excess of £60m over a four-year period from next season after the Premier League agreed new parachute payments for the next three years.
Since 2010, clubs relegated from the Premier League have received £16m per season for the first two seasons, then £8m for the two seasons after that.
The Premier League is yet to confirm the exact figure, while the issue of solidarity payments to the Football League clubs is still to be finalised.
Clubs relegated to the Championship currently receive £48m over four years.
Reading, Queens Park Rangers and Wigan are currently in the bottom three.
In 2010, the Football League voted to accept parachute payments from the Premier League over four years instead of two.
The Premier League reportedly planned to stop solidarity payments, a figure distributed among the 72 clubs in the Football League, if those clubs rejected the proposal.
The revised payments meant that instead of clubs relegated from the Premier League receiving £16m a year for two years, they received £48m spread over four years -£16m per season for the first two seasons, then a further two payments of £8m per season.
Last month, chairmen of the 24 Championship clubs met to discuss the latest proposal, but the outcome of the meeting was inconclusive.
Clubs relegated from the Premier League will receive in excess of £60m over a four-year period from next season after the Premier League agreed new parachute payments for the next three years.
Since 2010, clubs relegated from the Premier League have received £16m per season for the first two seasons, then £8m for the two seasons after that.
The Premier League is yet to confirm the exact figure, while the issue of solidarity payments to the Football League clubs is still to be finalised.
Clubs relegated to the Championship currently receive £48m over four years.
Reading, Queens Park Rangers and Wigan are currently in the bottom three.
In 2010, the Football League voted to accept parachute payments from the Premier League over four years instead of two.
The Premier League reportedly planned to stop solidarity payments, a figure distributed among the 72 clubs in the Football League, if those clubs rejected the proposal.
The revised payments meant that instead of clubs relegated from the Premier League receiving £16m a year for two years, they received £48m spread over four years -£16m per season for the first two seasons, then a further two payments of £8m per season.
Last month, chairmen of the 24 Championship clubs met to discuss the latest proposal, but the outcome of the meeting was inconclusive.
Re: Premier League's relegated clubs to receive £60m boost
Tue Apr 16, 2013 9:40 pm
There you are, shouldn't affect you too badly financially then 
Re: Premier League's relegated clubs to receive £60m boost
Wed Apr 17, 2013 8:18 am
this was the year to go...massive money
Re: Premier League's relegated clubs to receive £60m boost
Wed Apr 17, 2013 8:33 am
sky sports news just showed the increase in the monies paid to prem league clubs for next season...
£60 million in tv money alone and an overall package worth £140 million if you include should the inevitable happen and we get relegated...
huge somes of money this coming year, what a year to go up!
£60 million in tv money alone and an overall package worth £140 million if you include should the inevitable happen and we get relegated...
huge somes of money this coming year, what a year to go up!
Re: Premier League's relegated clubs to receive £60m boost
Wed Apr 17, 2013 8:48 am
ozzy31 wrote:this was the year to go...massive money
This was the year to go UP*