The unofficial AFC Rushden & Diamonds messageboard

Olly wrote:I may have heard wrong but I think I heard on premier sports that its now that they lose the parachute payment.

That's correct. Football League parachute payments last for 2 years as well as the youth funding.

davealbon wrote:

Olly wrote:I may have heard wrong but I think I heard on premier sports that its now that they lose the parachute payment.

That's correct. Football League parachute payments last for 2 years as well as the youth funding.

Not according to this article Dave.

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.

Well if one thing is being lost by Luton, it is player protection for their under 18s. When that's lifted any club can come in and nab those players for nothing.

Two of Diamonds wrote:

davealbon wrote:

Olly wrote:I may have heard wrong but I think I heard on premier sports that its now that they lose the parachute payment.

That's correct. Football League parachute payments last for 2 years as well as the youth funding.

Not according to this article Dave.

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.

Fair enough. :oops: I'm sure we received payment for two years though.