Parachute payments – the financial impact of relegation
Relegation is a bitter pill to swallow for all football fans, but for fans of those teams relegated from the Premier League, it can be particularly hard, given the financial implications of no longer playing in England’s top flight. In order to reduce the financial difficulties that can arise from relegation, the Premier League gives the three relegated sides parachute payments, which equate to £90 million, spread over three years. The Premiership relegation odds from Betfair expect to see Cardiff…
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