Quote:
Originally Posted by Le Grande Orange
Real life again provides reference. If I recall correctly, clubs relegated from the Premier League received, for a period of time, half the normal television contract revenue it received while in the Premier League, in order to ease their transition into the lower level league and its lower level of typical revenue.
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Relegated teams receive what they call parachute payments. They now receive them for three years ( 55%, 45% then 20% of the normal tv contract) unless they are relegated in their first season in which case they only get them for two years when they get 55% then 45%.
The latest tv rights deal was 5.3 billion for the 3 year period. A staggering figure that is ruining the game further down. The Premier League is in danger of becoming a closed shop with a lot of the same teams getting promoted after being relegated