Summary
CLUBS relegated from the Premier League will receive Pounds 48million in parachute payments over four years after Football League chairmen yesterday voted in favour of the proposal.
The new payments - which rise from Pounds 16million a year over two years - will start from next season and are part of a package of solidarity payments from the Premier League to the Football League.See the full content of this document
Extract
Plans Are Ratified ; Football
That will mean Scunthorpe United will receive Pounds 2.3million...
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