Parachute Payments

Just read an article that says the Norwich and Watford parachute payments for next year get disbursed back into the Prem. Pot stands at £83m, I'm guessing that becomes £121.5m if Bournemouth go up too.

It doesn't specify but I guess we benefit from an even division of said money, so currently a top up of £4m to standard Prem income.

Seems a bad system. The recouped parachute money should be distributed to the 69 clubs that aren't in the Prem. Or due in receipt of para payments...

That would be £600,000 per club for every team that bounced back first time so potentially £1.8m per club if all three go back up.

Put me up against the wall and shoot me for being a socialist?

Posted By: trafford_canary on April 28th 2021 at 12:20:26

Message Thread

Parachute Payments (NCFC) - trafford_canary, Apr 28, 12:20:26
- I suppose you can justify it either way (NCFC) - paulg, Apr 28, 13:40:21
- National League clubs should be included as well (n/m) (NCFC) - revsimon, Apr 28, 13:32:44
  - Yep all the way down to Tier 9 or so, for me (NCFC) - Old Man, Apr 28, 15:56:37
- Wouldn't that logic also work in reverse? (NCFC) - Ben, Apr 28, 12:41:06
  - Who foots the parachute payments bill though? (NCFC) - SimonOTBC, Apr 28, 12:44:15
- WW2 (NCFC) - SimonOTBC, Apr 28, 12:24:54
  - Ta. Didn't really see the board yesterday, will have a browse. (n/m) (NCFC) - trafford_canary, Apr 28, 12:39:07
    - The consensus is of course that it should be given to the EFL (NCFC) - SimonOTBC, Apr 28, 12:40:50

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