US EditionLeicester City and Southampton tap into £1.6bn fund as relegation Parachute payments explained
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Leicester City and Southampton tap into £1.6bn fund as relegation Parachute payments explained
Parachute payments – the sums given to cushion the fall of clubs relegated from the Premier League to the Championship – are one of the most contentious topic in football finance. Depending on who you ask, they are either a miracle of Premier League benevolence or a corrupting force that is destroying the competitive balance of the Championship and the wider EFL. Each season, several Football League clubs receive parachute payments. Leicester Ci…
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