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Parachute Payments 13:10 - May 29 with 1814 viewsDWQPR

From what I understand the club is guaranteed £16million a year for the next four years after relegation. Do these payments stop if we subsequently get promoted back to the land of shyte within this timescale or does the club continue to get the payments?

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Parachute Payments on 13:16 - May 29 with 1793 viewstoboboly

Once you are promoted they stop I believe, which is strange as the club is owed them shirley?

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Parachute Payments on 13:32 - May 29 with 1750 viewsJamie

Y1 £16m
Y2 £16m
Y3 £8m
Y4 £8m

If promoted payments end.
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Parachute Payments on 13:35 - May 29 with 1728 viewssimmohoopster

Parachute Payments on 13:32 - May 29 by Jamie

Y1 £16m
Y2 £16m
Y3 £8m
Y4 £8m

If promoted payments end.


I believe the remaining parachute payments, if promoted back in that time are added to the premier league solidarity payments made to the football league
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Parachute Payments on 13:40 - May 29 with 1705 viewsDaBurgh

Parachute Payments on 13:35 - May 29 by simmohoopster

I believe the remaining parachute payments, if promoted back in that time are added to the premier league solidarity payments made to the football league


someone is taking the pee, you really shouldn't have to pay much more than -

Deployment pack .... £2K
Main chute .... £1500 to £2000
Reserve ..... £1500 to £2000
Atuomatic Deployment System (Incase you are unable to deploy the chute .... £1500 to £2000
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Parachute Payments on 13:41 - May 29 with 1701 viewsCroydonCaptJack

Parachute Payments on 13:16 - May 29 by toboboly

Once you are promoted they stop I believe, which is strange as the club is owed them shirley?


Not really that strange as the idea is to try and smooth the difference between payments and receipts that result in the seasons following relegation. If you go back up that is no longer a problem.
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Parachute Payments on 14:27 - May 29 with 1597 viewstoboboly

Parachute Payments on 13:41 - May 29 by CroydonCaptJack

Not really that strange as the idea is to try and smooth the difference between payments and receipts that result in the seasons following relegation. If you go back up that is no longer a problem.


But then have you not lost income that was owed you?

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Parachute Payments on 14:53 - May 29 with 1540 viewsCliff

Parachute Payments on 14:27 - May 29 by toboboly

But then have you not lost income that was owed you?


No, the payments are to help with balancing the books, whilst you have some players on Prem. wages but only championship income. If you get promoted you are back on Prem income and therefore don't need the parachute payments.
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Parachute Payments on 15:09 - May 29 with 1512 viewsQPR_John

Can anybody confirm what parachute payments we will get.

These suggest the new deal

http://www.thesun.co.uk/sol/homepage/sport/football/4890974/QPR-take-out-15m-loa

http://www.guardian.co.uk/football/blog/2013/apr/26/qpr-reading-relegation

http://www.express.co.uk/sport/football/392393/Parachute-payments-to-be-increase
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Parachute Payments on 15:15 - May 29 with 1501 viewstoboboly

Parachute Payments on 14:53 - May 29 by Cliff

No, the payments are to help with balancing the books, whilst you have some players on Prem. wages but only championship income. If you get promoted you are back on Prem income and therefore don't need the parachute payments.


Fair enough.

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Parachute Payments on 15:38 - May 29 with 1485 viewslondonscottish

Parachute Payments on 14:53 - May 29 by Cliff

No, the payments are to help with balancing the books, whilst you have some players on Prem. wages but only championship income. If you get promoted you are back on Prem income and therefore don't need the parachute payments.


Yeah but what if you have players on Prem wages with League 2 skills? Can we be subsidised for that.

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Parachute Payments on 15:51 - May 29 with 1471 viewsTW_R

Parachute Payments on 13:40 - May 29 by DaBurgh

someone is taking the pee, you really shouldn't have to pay much more than -

Deployment pack .... £2K
Main chute .... £1500 to £2000
Reserve ..... £1500 to £2000
Atuomatic Deployment System (Incase you are unable to deploy the chute .... £1500 to £2000


Looks like Wolves either didn't buy any of those, or their Automatic Deployment System (ADS) was made by Amstrad
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Parachute Payments on 18:56 - May 29 with 1401 viewsderbyhoop

And the 16m payment in Year 1 will pay about 1/5 of the wage bill.

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