Not only are you baffled. You are also wrong.
According to Southampton's interim accounts:
"for a two year period, relegated clubs participate in a 'parachute' payment from Sky based on 50% of the basic domestic TV monies, overseas TV monies and title sponsor. The parachute payment for the season is approximately ?6.7m."
I'm baffled as to where it has all gone. OUR accounts will make very interesting reading.
Posted By: Josef K on July 26th 2006 at 10:21:25
Message Thread
- Great article - and from the pink un! (NCFC) - LincolnshireCanary, Jul 26, 09:57:57
- 'They have also enjoyed two parachute payments of ?6 million'... thats 12 mil ffs. (n/m) (NCFC) - forzancfc, Jul 26, 10:03:39
- I'm baffled by that (NCFC) - Groningen Canary, Jul 26, 10:07:50
- Not only are you baffled. You are also wrong. (NCFC) - Josef K, Jul 26, 10:21:25
- I'm baffled by that (NCFC) - Groningen Canary, Jul 26, 10:07:50
- Some of their figures are a bit out though (n/m) (NCFC) - inutero, Jul 26, 10:03:10
- It's usually a good idea to bid for players before they establish themselves into the team (NCFC) - pants, Jul 26, 10:05:03
- 'They have also enjoyed two parachute payments of ?6 million'... thats 12 mil ffs. (n/m) (NCFC) - forzancfc, Jul 26, 10:03:39
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