DEMOTED TEAMS TO GET SAFER LANDING
CLUBS relegated from the Football League will have a softer landing in future after member clubs voted to increase parachute payments next season.
The two demoted clubs currently receive half of what continuing League Two clubs receive. However, from next season they will receive the whole amount in the first year after relegation and half in the following season (unless they achieve immediate promotion back to the Football League).
Based on this season’s figures, it means a relegated club that doesn’t go straight back up will pick up around £750,000 instead of almost £250,000.That extra half-amillion pounds could make a big difference for relegated clubs.
The Football League’s chief executive Shaun Harvey said: “I would like to pay tribute to our clubs for taking this decision which is testament to their collective solidarity.”
Meanwhile, clubs relegated from the Championship and League One are also set to receive a bigger sum.
This would have equated to £230,000 and £85,000 respectively for the current season whereas relegated clubs actually received £120,000 and £50,000.