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, Jul 26, 10:21:25