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united we stand

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Joined
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I don't know how well known the below is , 'solidarity payments was mentioned in the Port vale thread. It mennt nothing to me so I quickly googled it and thought it might be of interest to offers. Full details are in the link but summary is below. I know The EPL is effectively giving away a very very small percentage of what it gets but its good to know that amount is increasing with their new deal -- however I also appreciate that there are proabably arguments that the amounts are still insulting.

Excluding parachute payments (and the numbers/% given here dont mathematically don't add up to me) the EPL is giving away 6.5% of the income (£90 million) from UK TV rights, Including worldwide rights would obvioulsy reduce the payments

Premier League Solidarity Payments to FL clubs: 2013/14-2015/16 v 2016/17-2018/19

Solidarity Payments to FL clubs, based on agreement with Football League (wtih no existing formula/mechanism) for 2013/14-2015/16
FL Championship clubs: £2.3million/season
FL League One clubs: £360,000/season
FL League Two clubs: £240,000/season

Illustration of Solidarity Payments to Football League clubs if new agreement (from 2016/17) were in place now. Based on a % of Year 3 Parachute Payments
FL Championship clubs: £3million/season
FL League One clubs: £450,000/season
FL League Two clubs: £300,000/season




http://www.premierleague.com/en-gb/news/news/2015-16/jun/020615-premier-league-to-increase-football-league-solidarity-payments.html
 
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