Talk:Premier League parachute and solidarity payments

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Parachute payments table incorrectly shows (£0) for the parachute payments for clubs that are promoted that season.

Latest comment: 1 year ago1 comment1 person in discussion

I checked the company financials for Fulham (2019-20) and Norwich (2020-21) for their recent promotion seasons and while they don't refer to explicitly to "parachute payments" there's an income line item in both reports worth more than £42 million in both cases, which can only come from the parachute payments since the typical income of even a top EFL Championship club is only around £10 million even with broadcast income included. Fulham's is exactly the same size as that year's parachute payment, which Norwich's figure appears to include some broadcast revenue too.

I've made a minor edit to the text to remove any implication that teams that are promoted don't receive payment during their promotion season, but I don't want to change the table until someone can verify that I am correct. I can't find a definitive statement anywhere about whether the payment is paid clubs that are promoted that season, but the implication is clearly that the clubs do get paid (especially since not being paid anything that year would leave a massive hole in the relegated club's finances that the parachute payments are designed to prevent). Stringfold (talk) 20:23, 27 September 2023 (UTC)Reply

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