Villa spending v our spending

[xsnaggle]

My understanding of the initial purpose of parachute payment as to help clubs pay the inflated wages of players which were written into Premier level contracts without going bankrupt.

It is that ability to keep expensive players that as a spin off helps them go back up again.
just my understanding.

[Eric the Half a Bee]

My understanding of the initial purpose of parachute payment as to help clubs pay the inflated wages of players which were written into Premier level contracts without going bankrupt.

It is that ability to keep expensive players that as a spin off helps them go back up again.
just my understanding.

I think it was as much to allow teams to be able to compete in the PL without the fear of the financial effect of relegation.

Lots of fans think that these parachute payments give teams the upper hand in the Championship, yet teams have been marginally less likely to go up with parachute payments than they were when they weren't handed out.