John B Posted 7 May, 2009 Posted 7 May, 2009 Championship clubs according to the BBC will enjoy a £400,000 windfall following Birmingham's immediate return to the Premier League. By winning promotion at the first attempt, the Blues do not collect their second parachute payment of £11.2m and that money will now be split between the other teams. I suppose that is another £400000 we have missed
Pancake Posted 7 May, 2009 Posted 7 May, 2009 So if we had waited until the end of the season we could have avoided administration, yeah?
Leslie Charteris Posted 7 May, 2009 Posted 7 May, 2009 So if we had waited until the end of the season we could have avoided administration, yeah? It depends, I suppose, on when the funds are distributed. Is it this season or at the start of next season?
John B Posted 7 May, 2009 Author Posted 7 May, 2009 It depends, I suppose, on when the funds are distributed. Is it this season or at the start of next season? I think it is next season
skintsaint Posted 7 May, 2009 Posted 7 May, 2009 im sure we should qualify as the prize is for this season
saints_is_the_south Posted 7 May, 2009 Posted 7 May, 2009 I'd have thought we wouldn't be included. It's for next seasons parachute payment, we won't be in the CCC next season so i doubt we'll receive anything. If we are in line to receive it though lets all hope Reading go up too as they'll be in the same boat as Birmingham with regards to parachute payment.
Rocker268 Posted 7 May, 2009 Posted 7 May, 2009 I think we should recieve it because Brum have gone up this season, therefore it is the teams they have played that should benefit. But my gut feeling is that because the payment would be FOR next season it is next seasons teams that will benefit Does anyone know if we get parachute payments for going down to L1 at all, or is it whishful thinking?
saints_is_the_south Posted 7 May, 2009 Posted 7 May, 2009 http://www.dailyecho.co.uk/sport/4349665.Saints_miss_out_on_windfall/
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