Promotion money

Discussion in 'Bulletin Board' started by Brian Mahoneys Waist, Apr 7, 2021.

  1. Bri

    Brian Mahoneys Waist Well-Known Member

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    Not Barnsley related but more for the clubs like WBA and Norwich for etc.
    When a club get promotion to the Premiership they get roughly around 200 million.If the club get relegated but go straight back up do they get get the 200 million again.Asking for a mate but I can't find out.Thanks
     
  2. Marc

    Marc Administrator Staff Member Admin

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    assuming so, yes. it's just what you get for being promoted innit? cut of tv/sponsorship money etc.
     
  3. kektyke

    kektyke Well-Known Member

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    Yes but they forfeit the parachute payments or they used to do as it was shared out with the rest of the league
     
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  4. Mr C

    Mr C Well-Known Member

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    Sounds very shrewd from Norwich.? o_O
     
  5. MexboroughTyke

    MexboroughTyke Well-Known Member

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    It's not quite £200 million. I think the figure they quote is the overall benefit of said promotion in a worst case scenario, ie relegated in the first season, so x receives only one season of Premier League money, and then however many years of parachute payments they're guaranteed to receive after that (which I think is two seasons now if relegated after one season in the Premier League, and three seasons if relegated after more than one season).

    There's no prize money for winning the Championship, so to speak, if there is it's nothing substantial. The money comes from competing in the Premier League, so for every season they play in the Premier League they'll receive £100m+. Once they're relegated, they'll receive parachute payments for up to three years, or up to the point they're promoted. Which ever comes first.

    Huddersfield for example received over £100m in each of the two season they were in the PL via TV money and central distributions. They'll have then received parachute payments of £42m in the first season back in the Championship, then reducing to £34m, and then to around £15m. The season they were promoted they'd only received around £7.5m from the EFL distributions/TV money. No wonder so many owners are gambling on promotion..
     
    Last edited: Apr 7, 2021
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  6. Bri

    Brian Mahoneys Waist Well-Known Member

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    So if Norwich go up this year they receive the value of "200million"
    they get relegated next season
    they then get promotion again after one season in the Championship
    do they get the "200million again"
    I'm using 200 million just as a figure.
     
  7. nezbfc

    nezbfc Well-Known Member

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    The "200 million" just starts again at that point
     
  8. andytyke

    andytyke Administrator Staff Member Admin

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    yes but I don’t think it’s any more than if you stopped in the premier league without being relegated inbetween. They not getting some kind of extra money for being promoted
     
  9. Don

    Donny-Red Well-Known Member

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    As I read it they get £100m+, next season, then £42m parachute payment, then £100m+ when promoted again. Whatever they get the season after depends whether they get relegated again or stay up.
     
  10. nezbfc

    nezbfc Well-Known Member

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    This is it.

    Best to stay in the Premier league and get 100 each season.
     
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  11. Don

    Donny-Red Well-Known Member

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    As I see it, the ‘£200m’ is like your pension pot, it’s an illustrative figure that may be slightly lower (if you go out of business earlier - or die) but could be considerably higher (if you stay in the Prem - or live to be 100+)
     
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  12. nezbfc

    nezbfc Well-Known Member

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    Yep.

    The 200, effectively is what you would get over 3 or 4 seasons if you just go up the one season and straight back down and never back up again.

    But you will maintain 100+ each season whilst there. The parachutes only come in to play with relegated
     
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  13. MexboroughTyke

    MexboroughTyke Well-Known Member

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    Pretty much. Parachute payments are cut short if the team is promoted straight away, but the £100m+ figure is what every team in the Premier League receives every time they compete at that level.
     
  14. Bri

    Brian Mahoneys Waist Well-Known Member

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    Thankyou for all the replies.
     

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