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Promotion Payments

Discussion in 'Newcastle United' started by Blind Corner, May 9, 2011.

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  1. Blind Corner

    Blind Corner Active Member

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    Hello, mackem in peace here, I can't get any sense out of anyone on my own board, just wondered if anyone on here knows exactly how much the promoted teams get this year and also where exactly the payments come from.
    Need the info to settle an argument with a loudmouth Aussie who reckons that QPR will get 56million from the PL for promotion and 10 mill when they go back down again (??).
    Any info would be much appreciated.
     
    #1
    Blind Corner, May 9, 2011
  2. Smudger

    Smudger Active Member

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    I thought they just got extra money off Sky, which is over 40mil. They would get parachute payments when/if they get relegated as well 12 mil every year for 4 years. Never heard about any other extra money for promoted sides.
     
    #2
    Smudger, May 9, 2011
  3. Rafa's Championship Party

    Rafa's Championship Party Well-Known Member

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    The 56 million figure is the difference in the income between being in the Premier League and the Championship, and I think the parachute payment is 12 million for 4 years, might be wrong.
     
    #3
    Rafa's Championship Party, May 9, 2011
  4. AH

    AH Active Member

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    I think parachute payments are around the 15mil mark, I read an article earlier about Premier League funding but I can't remember.
    No idea about the promotion money though, sorry!
     
    #4
    AH, May 9, 2011
  5. beardface

    beardface Active Member

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    This. Are you sure youre not getting it mixed up with parachute payments?

    If there is such a thing as what youre on about. I have no idea about it. <ok>
     
    #5
    beardface, May 9, 2011
  6. AH

    AH Active Member

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    Ahh, everyone's saying 12 for parachute payments so we'll go for that then ha. I was close...ish <whistle>
     
    #6
    AH, May 9, 2011
  7. Why aye Cabaye

    Why aye Cabaye Active Member

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    Four years worth of parachute payments at £12m per season is ridiculous.
     
    #7
    Why aye Cabaye, May 9, 2011
  8. Jesus Was A Geordie

    Jesus Was A Geordie Well-Known Member

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    This is how I understand it...Scary amount of money!
     
    #8
    Jesus Was A Geordie, May 9, 2011
  9. Hatem Is A Geordie

    Hatem Is A Geordie Active Member

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    £40 million from SKY & TV rights and £12 million a year for 4 years? parachute payment should you go down I think.
     
    #9
    Hatem Is A Geordie, May 9, 2011
  10. Blind Corner

    Blind Corner Active Member

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    OK thanks anyway lads, everyone seems just as confused as I am. i would still be interested if anyone knew for definite.
     
    #10
    Blind Corner, May 10, 2011

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