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Thread: Recieving parachute payment windfall

  1. #1
    Part-Timer
    Join Date
    22nd July 2007
    Location
    Suffolk UK
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    1,891

    Default Recieving parachute payment windfall

    Hello fellow FM'ers Ive just had this http://yfrog.com/5jdennisbergkamp6p in my inbox regarding the 3 promoted teams from the championship to the prem, now what does it mean? I understand that every team down to league two receive money but dont know why,

    Discuss....

  2. #2
    Amateur
    Join Date
    29th May 2010
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    Isle of Wight
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    273

    Default Re: Recieving parachute payment windfall

    Basically, Sunderland and the other two clubs got promoted straight away. and their Parachute payment is not needed, so they share it among the other clubs in the FL.

  3. #3
    Semi Pro
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    18th September 2007
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    Default Re: Recieving parachute payment windfall

    When a club gets relegated from the Premiership they receive a 'parachute payment' each year for around 3 years. If the club gets promoted to the Premiership during that time then the parachute payment they should have received for that year gets shared between all the clubs from the Championship to League 2.

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