Vital Football

Latest Colchester United News

600 K Each For Championship Teams?

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

Click here to join in the debate on the club forum.

Date:Tuesday May 22 2007
Time: 11:08AM


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."
22/05/2007 11:24:00
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 ...
22/05/2007 11:41:00
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!
22/05/2007 12:09:00
Not to be sniffed at!
23/05/2007 11:09:00
Page 1/1
  1. 1

Login to post a comment

Recent Colchester United Articles

Could L1 & L2 Get A Much Needed Cash Boost?

The EFL have crunched the full attendance numbers for the season of 2016/17 and their...

What Is A Club Developed Player & Why Does It Matter

EFL member clubs will be held to a 'club developed player' requirement from the start of the 2018/19 campaign.

The U's Neither Here Nor There Come The Season End?

No late rally for Colchester United?

League Two 2017/18 Golden Boot Battle (1/3/18)

The season might only be a few months old in terms of the calendar, but with high expectations for some players when it comes to this year's Golden Boot battle...

Colchester United Archived Articles

Vital Colchester articles from

Site Journalists

Write for Vital Colchester
Write For Vital Colchester
Apply Here

Current Poll (see more polls)

Colchester v Rochdale
Suggested By:
Colchester win47%
Rochdale win32%
Write for Vital Football
Latest F1 News
Latest Vital Boxing News
The Vital Football Members League

Recent Colchester United Results (view all)

Colchester United Fixtures

Vital Football Comment