Do Pompey Burnley and Hull get any further parachute payments next season or have we had our lot now?
Parachute Payments
- Thread starter devonFRATTONiser
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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.
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
Anyhow, how the heck are you still entitled to any?
Because we were relegated and are entitled to the payment
Because we were relegated and are entitled to the payment
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