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600 K Each For Championship Teams?

The Premier League is considering a proposal of handing out 12 million between 24 sides in the Championship, it has emerged today.

Vital Colchester understands, following an East Anglian Daily Times report, that this would mean Colchester United receiving around 600,000.

While a 50 million share-out was first considered, in order to bridge the massive financial gap between the Premiership and English Football`s second tier, it has now been agreed at a much lower rate of a combined 12 million.

This would help the rest of the Championship compete with the teams on parachute payments from the top-flight, which currently stand at 11 million for two years after relegation.

The report comes after a recent independent commission declared the play-off final football`s most valuable one-off game in word football, worth 60 million to the winner.

Info Source: East Anglian Daily Times, 22nd May

Words: Vital Colchester




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The Journalist

Writer: Matt_Us Mail feedback, articles or suggestions

Date:Tuesday May 22 2007

Time: 11:08AM

Your Comments

The article goes on to say that, for Colchester, this could buy: "Six hourses, to put new players in", "More overnight stay for away games," or "a replacemnt for Chris Iwwelumo."
Matt_Us
I think a replacement is most important if you ask me for you guys !!! 600K .. whats that gonna get us all though ... next to nothing ...
dazednconfuzed
True. The quoted 50 million would have meant about 2 million each which would have been better!! Let's face it, Col U will be happy with any money!
Matt_Us
Not to be sniffed at!
Deeno
 

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