Colchester United News 24/7Writer: Matt_Us 
Date:Tuesday May 22 2007
Time: 11:08AM
UK time is: 01:21:56
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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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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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