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Parachute Payments

Discussion in 'Portsmouth' started by devonFRATTONiser, Sep 19, 2011.

  1. devonFRATTONiser

    devonFRATTONiser Well-Known Member
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    Do Pompey Burnley and Hull get any further parachute payments next season or have we had our lot now?
     
    #1
    devonFRATTONiser, Sep 19, 2011
  2. St. Luigi Scrosoppi

    St. Luigi Scrosoppi Well-Known Member

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    I think you get them for three more years except they are reduced to something like £13 million
     
    #2
    St. Luigi Scrosoppi, Sep 19, 2011
  3. Swiss Tony

    Swiss Tony Member

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    £48m over four years. Two of £16m followed by two of £8m. Although your first lot was i believe swallowed up by the football creditors. Anyway tscio will come along and share his wisdom and insults.
     
    #3
    Swiss Tony, Sep 19, 2011
  4. Wooperts_duck

    Wooperts_duck Well-Known Member
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    Who is tscio Swiss ?
     
    #4
    Wooperts_duck, Sep 19, 2011
  5. PlayUpPompeyFanJake

    PlayUpPompeyFanJake Member

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    That's right, but Pompey have already used both last years and we got given this years early as well. So we have £16mill still to come in :)
     
    #5
    PlayUpPompeyFanJake, Sep 19, 2011
  6. halifax71

    halifax71 New Member

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    I thought the parachute money went up after you got relegated?

    I think the £48m (16, 16, 8 & 8) is the figure for teams relegated in 10/11.

    Anyhow, how the heck are you still entitled to any?
     
    #6
    halifax71, Sep 21, 2011
  7. mossyn

    mossyn Member

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    Anyhow, how the heck are you still entitled to any?


    Because we were relegated and are entitled to the payment
     
    #7
    mossyn, Sep 22, 2011
  8. PlayUpPompeyFanJake

    PlayUpPompeyFanJake Member

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    No, it changed the year that we went down.

    Why are we entitled? Because WE WERE RELEGATED! Admittadly, our first lot wasn't given to us at all, and went directly to our creditors, along with the majority of year 2's. As I say, we still have year 3 and 4 to come in :)
     
    #8
    PlayUpPompeyFanJake, Sep 22, 2011

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