Parachute payments overhaul

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Walsh.i.am

Well-Known Member
Forum Moderator
Jan 24, 2011
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Gem of the Norfolk coast. Bar none!
Alas, if I'm reading this correctly, L.O.N. will miss out on a year's parachute money due to a (long overdue, imho) restructuring of the payments system.
Teams who disappear back into oblivion after a single season in the top flight lose a year's payments.
Quite why they choose to reward abject failure with multi-million payouts at all is still a mystery to me - there are clubs further down the pyramid for whom that money could be the difference between sink or swim, but that's another issue altogether.
http://www.theguardian.com/football/2015/jun/02/parachute-payments-clubs-relegated-premier-league