Phrases with «parachute payments»

"Parachute payments" refer to financial support given to football clubs that are relegated from a higher division to a lower division. These payments are meant to help the clubs adjust to their reduced income and maintain stability while they rebuild their team and finances. Full definition

Sentences with «parachute payments»

  • Next year's with the lack of parachute payments, almost non existent TV money and reduced match day income, along with an inflated wage bill will be hyster... (uptheclarets.com)
  • Thats around # 2.6 billion a season to be distributed among premier league clubs (part of it will be used as parachute payments to relegated clubs). (totalsportek.com)
  • They also cost the footballing world money on parachute payments that could be used on grass roots football. (justarsenal.com)
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