That's correct. Football League parachute payments last for 2 years as well as the youth funding.Olly wrote:I may have heard wrong but I think I heard on premier sports that its now that they lose the parachute payment.
Playoff Final
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Re: Playoff Final
AFC Rushden & Diamonds Member No. 297
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Re: Playoff Final
Not according to this article Dave.davealbon wrote:That's correct. Football League parachute payments last for 2 years as well as the youth funding.Olly wrote:I may have heard wrong but I think I heard on premier sports that its now that they lose the parachute payment.
http://www.bbc.co.uk/blogs/paulfletcher ... =108587242
"The relegated club will instantly lose half of the available £180,000-per season funding for its youth development programme. The reduced payment will last for two seasons. After that it drops to nothing.
There is a form of parachute payment. Clubs in League Two currrently receive £430,000 every season from the Football League. This includes the money generated from areas such as sponsorship and any television deals. Relegated clubs are given half of this amount - but only for one season"
I'm pretty sure that's what happenned to us.
AFC R & D member number 34
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Re: Playoff Final
Fair enough. :oops: I'm sure we received payment for two years though.Two of Diamonds wrote:Not according to this article Dave.davealbon wrote:That's correct. Football League parachute payments last for 2 years as well as the youth funding.Olly wrote:I may have heard wrong but I think I heard on premier sports that its now that they lose the parachute payment.
http://www.bbc.co.uk/blogs/paulfletcher ... =108587242
"The relegated club will instantly lose half of the available £180,000-per season funding for its youth development programme. The reduced payment will last for two seasons. After that it drops to nothing.
There is a form of parachute payment. Clubs in League Two currrently receive £430,000 every season from the Football League. This includes the money generated from areas such as sponsorship and any television deals. Relegated clubs are given half of this amount - but only for one season"
I'm pretty sure that's what happenned to us.
AFC Rushden & Diamonds Member No. 297