Nice to see the Premier League sharing a bit of their wealth:
League gives 'solidarity package'
The Premier League is to give more than £90m to the Football League over the next three seasons.
Its 'solidarity package' will be distributed down the football pyramid, with £31.8m handed out next season.
The funding includes £5.4m for Football League youth development, plus £11.2m to be split between Championship, League One and League Two clubs.
Championship clubs will have an extra £11.2m or £22.4m in seasons with one or three spare parachute payments.
Clubs in the second tier of English football will receive an extra £11.2million next season because Sunderland and Birmingham, who made an instant return to the Premier League, will no longer receive parachute payments.
That leaves West Brom, Watford, Sheffield United and Charlton as the four parachute clubs.
Last season's fifth-placed club, Wolves, will receive £1,383,602, with the sixth-placed club, Southampton, receiving around £75,000 less and so it will continue until the club in 13th place, Cardiff, who will receive £775,909. Clubs finishing 13th and below will all receive that amount.
League One clubs will receive £103,480 each, with £68,987 going to League Two clubs.
Premier League chief executive Richard Scudamore said: "The Premier League and our member clubs recognise the importance of the continued health of the professional game at all levels.
"This solidarity payment means that Football League clubs will have the ability to increase investment in critical areas such as youth development and community programmes."
The Premier League is set for a windfall of £2.7bn from its new television deals over the next three seasons.
League gives 'solidarity package'
The Premier League is to give more than £90m to the Football League over the next three seasons.
Its 'solidarity package' will be distributed down the football pyramid, with £31.8m handed out next season.
The funding includes £5.4m for Football League youth development, plus £11.2m to be split between Championship, League One and League Two clubs.
Championship clubs will have an extra £11.2m or £22.4m in seasons with one or three spare parachute payments.
Clubs in the second tier of English football will receive an extra £11.2million next season because Sunderland and Birmingham, who made an instant return to the Premier League, will no longer receive parachute payments.
That leaves West Brom, Watford, Sheffield United and Charlton as the four parachute clubs.
Last season's fifth-placed club, Wolves, will receive £1,383,602, with the sixth-placed club, Southampton, receiving around £75,000 less and so it will continue until the club in 13th place, Cardiff, who will receive £775,909. Clubs finishing 13th and below will all receive that amount.
League One clubs will receive £103,480 each, with £68,987 going to League Two clubs.
Premier League chief executive Richard Scudamore said: "The Premier League and our member clubs recognise the importance of the continued health of the professional game at all levels.
"This solidarity payment means that Football League clubs will have the ability to increase investment in critical areas such as youth development and community programmes."
The Premier League is set for a windfall of £2.7bn from its new television deals over the next three seasons.
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