JR866Gunner

Recieving parachute payment windfall

3 posts in this topic

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....

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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.

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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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