Sunday, September 12, 2010

Parachute-payment proposals tarry inclement alighting Premier League

Nick Szczepanik, John Percy & ,}

Football League clubs supposed the Premier Leagues argumentative revised proposals on parachute payments at a inclement assembly of chairmen yesterday.

In a move that might shroud tonights Coca-Cola Championship play-off, second leg in between Blackpool and Nottingham Forest, clubs relegated from the Premier League will embrace 48 million in parachute payments, widespread over 4 years, rather than the benefaction agreement of 16 million over dual seasons.

While Championship clubs voted in favour, League One and Two clubs were far from unanimous. The lower-league clubs had opposite the changes at a assembly eleven days ago, but were told by the Premier League that they had small choice but to accept. However, The Times understands that yesterday most remained vehemently opposite the changes, that they perspective as aiming to continue the chosen standing of members inside of the tip flight.

The meeting, at Bankss Stadium, Walsall, overran by an hour during a straightforward sell of views. Some chairmen and arch management team are accepted to have been unfortunate at being asked to accept an agreement on certitude but believe of the finer details.

Hull City, Burnley and Portsmouth will embrace 16 million for each of the subsequent dual seasons and 8 million for each of the dual after that. The alternative Championship clubs will embrace 2.3 million a year, League One sides 325,000 and League Two clubs 250,000.

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