?775,000 more for Milan

[foxpodder]

All thanks to £90 m over 3 years from the premier league the BBC reports clubs will get ....

"Clubs in the second tier of English football will receive an extra £11.2m next season because Sunderland and Birmingham, who made an instant return to the Premier League, will no longer receive parachute payments.

That leaves West Brom, Watford, Sheffield United and Charlton as the four parachute clubs.

Last season's fifth-placed club, Wolves, will receive £1,383,602, with the sixth-placed club, Southampton, receiving around £75,000 less and so it will continue until the club in 13th place, Cardiff, who will receive £775,909.

Clubs finishing 13th and below will all receive that amount.

League One clubs will receive £103,480 each, with £68,987 going to League Two clubs."

Its for youth development and community projects ... but all eases pressure elsewhere in the budget and maybe ore cash for transfers (well 1 anyway!)

Foxpodder

 

[Real Sharapova]

Its for youth development and community projects ... but all eases pressure elsewhere in the budget and maybe ore cash for transfers (well 1 anyway!)

Foxpodder

It's actually in addition to the monies for development and community projects which the league will distribute on a case-by-case basis. The £775k is for MM to spend as he wishes.

 

[Graz]

£90m sounds a lot, but when you consider the Prem clubs are getting £2.1bn between them each year, then its not loads... It's not going to make any difference in closing the gap between Prem and Championship really is it?

Oh well, every little helps I guess.

 

[homer]

It's actually in addition to the monies for development and community projects which the league will distribute on a case-by-case basis. The £775k is for MM to spend as he wishes.

Presumably it will go towards paying off all the people he has sacked, or will sack in the near future......

 

[stevewalshwasgod]

Presumably it will go towards paying off all the people he has sacked, or will sack in the near future......

tim nice but dim anyone?

 

[SJN-Fox]

tim nice but dim anyone?

No thanks, I've just put one out.

 

[stevewalshwasgod]

No thanks, I've just put one out.

 

[TornadoShaunUK]

a step in the right direction - you can't moan really.