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Old 12-05-2009, 16:39   #17
lancsdave
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Re: £30000 windfall for accrington

Quote:
Originally Posted by VALAIRIAN View Post
Been told today by some chap at work, that if Reading go back up that there will not be any more payments made Something to do with the length of time that Reading/Birmingham have spent in the Premiership?? I have tried to find out more but cannot, I am thinking of buying The Sun to find out more... Only joking If anybody can find out anymore could they please post any links on this thread - cheers

This might help ;

The main payment from the Premier League, which restores after a 15-year absence some sharing between the top flight and the rest, will be £11.2m per season. That, divided among all the Football League's clubs, is the same as the Premier League's three relegated clubs will each receive as a "parachute payment". If one of those clubs is promoted straight back up, the £11.2m it would have had as a parachute payment for the following season will now also be shared among the Football League's other clubs. If two clubs bounce back, the Premier League will keep the other spare parachute payment. Only if all three clubs bounce back, which has never happened, will the Football League share two of the following season's spare parachute payments.
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