Do they get that £100m immediately or is it spread over 2/3 seasons as it used to be ?
I'm not too sure to be honest, although either way that's a fortune of money to be playing around with in a division where almost every single club showed net debts in the tens of millions at the close of the last fiscal year (http://www.insidermedia.com/insider/national/146216-championship-club-club. Most striking stat of all is that total Championship debt broke the £1billion mark for the first time last season). The average wage bill seems to be around £30m per annum. So in essence, a relegated club will climb down to the Championship with enough money already to cover their wages for the year ahead without incurring much debt as long as they can maintain reasonable gate money (something that Blackburn found out the hard way); same goes for the following year and the year after that too - basically handing them 2-3 seasons to make a shot at returning to the the Big Time, which I'm sure you'll agree is generally more than enough to do so.
The worry is that these 'parachute' payments will increase so drastically that the 15+ clubs in the Championship who are unlikely to achieve promotion as things stand already, will be almost permanently frozen out as the vast fiscal discrepancy effectively creates a two-tier system within the division: the top 6-8 'haves' who stumble across the PL for one lousy season of embarrassingly bad football but-who-gives-a-toss-now-we're-loaded, and the 15-18 'have nots' who never see the promised land and subsequently fall further and further into mountains of debt.
I sincerely hope the FA are going through this new 2016-19 deal with a finecomb and a microscope suffering from OCD. If they don't, I fear that football in this country will become so top-heavy, that grassroots level will simply shrivel up and die a slow and painful death. If they had any sense, a portion of the TV money would be spread through the lower divisions in order to maintain their long-term health, on the basis of an understanding that the Premier League isn't particularly 'Premier' if the secondary and tertiary leagues cease to exist.
Here's a detailed analysis of the TV deal while it's on my mind:
http://www.totalsportek.com/money/premier-league-tv-rights-money-distribution/
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