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Relegated clubs receive £60m boost

Posted by Undercover 999 on Tuesday, 16 April 2013

Clubs relegated from the Premier League will receive in excess of £60m over a four-year period from next season after the Premier League agreed new parachute payments for the next three years. The Premier League is yet to confirm the exact figure, while the issue of solidarity payments to the Football League clubs is still to be finalised. Clubs relegated to the Championship currently receive £48m over four years.

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