craig 5,199 Posted December 20, 2011 Share Posted December 20, 2011 Not sure how true this is but apparently EPL clubs get a parachute payment of something like 12m when they get relegated to help stop them going bust. I thought the parachute payment was larger than that. 0 Quote Link to post Share on other sites More sharing options...
GovanAllan 0 Posted December 20, 2011 Share Posted December 20, 2011 Same here thought it as nearer 20 to 30mill. I know the rest of the Championship teams were trying to get it stopped because it gave the relegated team an unfair advantage. 0 Quote Link to post Share on other sites More sharing options...
Ergatrude 0 Posted December 20, 2011 Share Posted December 20, 2011 I had a pub discussion about it the other day, I thought it was £18m but he said it was £12m per season for 3 seasons. His argument was that the £12m was to cover wage bills and most contracts are for 3 years. 0 Quote Link to post Share on other sites More sharing options...
Bluedell 5,356 Posted December 20, 2011 Share Posted December 20, 2011 The parachute payments are £48m over 4 years. 0 Quote Link to post Share on other sites More sharing options...
pete 2,499 Posted December 20, 2011 Share Posted December 20, 2011 The parachute payments are £48m over 4 years. I am so wanting a parachute for xmas. 0 Quote Link to post Share on other sites More sharing options...
Guest Dutchy Posted December 20, 2011 Share Posted December 20, 2011 A couple of years ago it was £36 million, I'm not sure that's changed much? I remember reading Alex Mcleish would have to play with when Brum went down, first time around. Then again, what the feck does a journo know??? 0 Quote Link to post Share on other sites More sharing options...
Ergatrude 0 Posted December 20, 2011 Share Posted December 20, 2011 That is an insane amount of money to be relegated. 0 Quote Link to post Share on other sites More sharing options...
GovanAllan 0 Posted December 20, 2011 Share Posted December 20, 2011 The parachute payments are £48m over 4 years. Jeez no wonder the rest of the championship are spitting feathers about it. 0 Quote Link to post Share on other sites More sharing options...
sairdy 0 Posted December 20, 2011 Author Share Posted December 20, 2011 Thanks for all the replys. I was chatting with my mates and nobody had a clue. 0 Quote Link to post Share on other sites More sharing options...
BrahimHemdani 1 Posted December 20, 2011 Share Posted December 20, 2011 According to my university lecturer it was £2.7m for us, £2.4m for celtic and the closest below that was Dundee utd with £1.5m Judging by the figures you quote, I'd say (a) I know your lecturer and (b) he is talking about the SPL proposals. 0 Quote Link to post Share on other sites More sharing options...
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