Roughly split, it equates to around £35m in TV and prize money, an expected £10m in increased gate receipts, additional commercial income and sponsorship, and £45m in parachute payments spread over four years if they are relegated in the summer.
So, it’s not a £90m lump sum. It’s a minimum income of £90m over the next four years.
Roughly split, it equates to around £35m in TV and prize money, an expected £10m in increased gate receipts, additional commercial income and sponsorship, and £45m in parachute payments spread over four years if they are relegated in the summer.
So, it’s not a £90m lump sum. It’s a minimum income of £90m over the next four years.
With that amount of money, you really do wonder how immensely financially unaware some chairmen must be.
Still there are teams putting themselves at very serious risk to get their slice of it. What gets me is, once they are there and receiving the dough, the club don’t really benefit from it as the greed of the players and agents make sure that all the money goes in their arsse pockets and NOT back into the Football Club or football in general. There needs to be a big wake up call me thinks.