£60M parachute payments if relegated (£12M increase from last season)

[Stanley]

It has been announced today that clubs who exit the Premier League via the relegation drop with receive £60M in parachute payments over the next three seasons, an increase of £12M from what the likes of Blackburn Rovers, Bolton Wanderers and Wolverhampton Wanderers currently receive after their downfall last season.

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[gator]

That makes me feel so much better!

[12321]

I thought it was over 4 seasons; won't matter for us as we won't be there that long

[WeAreQPR12]

Under harry I expect another 15 years to sort out this mess

[West Acton]

If we had known that in January we could have spent more money :sorry:

[QPRDave]

Um who is this writing this??.....This a load of ball locks imo, no official quotes and could receive? ...It's rubbish no other proper outlets reporting this just some fool who has heard half a story, the new payments don't come in till the end of next season

Just posted below a piece in the Telegraph

[pblockranger]

Correct info but it starts NEXT season.

[QPRDave]

from the telegraph.........it clearly says we and reading will get these payments but the deal kicks in next season......confused . com

http://www.telegraph.co.uk/sport/football/competitions/premier-league/9998358/Premier-Leagues-relegated-clubs-will-receive-parachute-payment-amount-of-60m-over-four-years.html

[Factamondo]

we aint relegated yet!!!

[Kirill]

I thought it was over 4 seasons; won't matter for us as we won't be there that long

You mean parachute payments are cancelled in League One?

[Stanley]

I thought it was over 4 seasons

Over 3 seasons according to the article

[12321]

You mean parachute payments are cancelled in League One?

If we have to go that far to get a few wins under our belt, so be it; we'll not be found wanting.

[12321]

Over 3 seasons according to the article

I did see that, but I'm sure I read elsewhere it was over 4; might have imagined it though

[kron-1664]

Bosingwa 60 k week , park 50k, Hoilett 50k , barton 60k, samba 80k - if we keep these lot for 1 season thats 13 million in wages .

We will also have Zamora 50k, Johnson 30k, Granero 40k, mbia 40k, diakite 30k , SWP 50k, green 50k thats 14.5 million in wages

the rest of the squad, will probably be another 200k per week , thats another 10.5 million in wages

thats 38 million in wages for one season, not including Remy.

we get 12 mil parachute so just for wages we will need 26 million cash to pay for it

if we get gates of 15000 per home game at an average of 40 gbp per ticket for 46 games thats 27.6 million gate receipts

that would leave us with not alot and we have to cover the training ground, matchday staff, management , i hope TF and Amits pockets are still deep.

[jmelanie]

Correct info but it starts NEXT season.

It says from next season, which I take to mean that teams who are relegated this season will receive the payments beginning next season. In other words teams that went down last year (Blackburn, Wolves and Bolton) won't receive it.