Vital Football

Latest Sheffield Wednesday News

Cash Boost For Football League Clubs

Cash Boost For Football League Clubs

Football League clubs, including Wednesday, will enjoy a cash boost thanks to a new three-year funding deal with the Premier League.

A deal worth £372m, or £124m per season, has been struck to aid Football League clubs financially, with some of the income from Premier League clubs being distributed amongst teams throughout the Championship, League One and League Two.

The move follows a decision by Football League clubs to introduce rule changes relating to financial regulation, transparency of ownership and ground criteria.

The deal will see Championship clubs bag £2.2m, League One clubs get £335,000 and League Two clubs get £225,000.

The main difference will come in parachute payments to clubs relegated from the Premier League, with a payment of £48m being spread over four years instead of £32m over two.

Premier League chief Richard Scudamore said: 'The financial strength of the Premier League has always benefitted the entire English game, but we are taking the unprecedented step of formalising arrangements so that the solidarity payments and the alignment of rules - in some fairly critical areas - are linked.

'The Premier League clubs felt strongly that a stronger Championship would be greatly beneficial to both competitions.

'It is a fact of life that we welcome three of their number each season and helping make sure those clubs coming up are prepared - both on and off the pitch - for life in the Premier League was something we felt these measures would achieve.'



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

Writer:Nick
Date:Wednesday August 4 2010
Time: 7:04PM

Login to post a comment

Recent Sheffield Wednesday Articles

Vital Match Reaction - Fletcher States Owls Have Momentum

Fletcher focused on Owls going again to earn a high Championship finish!

Vital Match Reaction - Bullen Praise All Of Owls Team

#TeamOwls for Bullen as he focused praise on the unit not an individual after beating Rams

Stats: Sheffield Wednesday v Derby County

All the stats from Sheffield Wednesday (2) vs (1) Derby County, Hillsborough, 22/04/17 Att: 28,889

Sheffield Wednesday v Derby - Team Sheets

Sheffield Wednesday are at Hillsborough with Derby the visitors for the latest Championship game.

Archived Vital Wednesday Articles

Vital Wednesday articles from

Site Journalists

Ed Jepson
Editor email
Profile
Tom Sellers
no email
Profile

Current Poll (see more polls)

Who'll miss out on the Playoffs?
Suggested By: Vital Wednesday
Leeds100%
Reading0%
Fulham0%
Wednesday0%
ScoopDragon Publishing Entire League Network of Sites

League Table

# Team P W D L Pts. GD
P Brighton 44 28 8 8 92 35
2 Newcastle 43 26 7 10 85 37
3 Reading 44 24 7 13 79 1
4 Sheff Wed 44 23 9 12 78 15
5 Huddersfield 43 24 6 13 78 2
6 Fulham 44 21 13 10 76 27
7 Leeds Utd 44 22 7 15 73 14
8 Norwich 44 19 9 16 66 12
9 Brentford 44 18 9 17 63 12
10 Derby County 44 17 12 15 63 2
11 Preston 43 16 13 14 61 5
12 Aston Villa 44 16 13 15 61 0
13 Cardiff 44 16 11 17 59 -2
14 Barnsley 44 15 12 17 57 0
15 Wolves 43 15 10 18 55 -2
16 Ipswich 44 13 16 15 55 -6
17 Bristol City 44 14 9 21 51 -6
18 Burton 44 13 12 19 51 -12
19 Q.P.R. 44 14 8 22 50 -12
20 Forest 44 13 9 22 48 -11
21 Birmingham 44 11 14 19 47 -22
22 Blackburn 44 10 15 19 45 -15
23 Wigan 44 10 11 23 41 -16
R Rotherham 44 5 6 33 21 -58
Vital Football Comment
Latest F1 News
Latest Vital Boxing News
Write for Vital Football

Recent Sheffield Wednesday Results (view all)

Sheffield Wednesday Fixtures (view all)

Apr 29 2017 3:00PM : Ipswich Town (a)
Sky Bet Championship
May 7 2017 12:00PM : Fulham (H)
Sky Bet Championship

Vital Members League Table

RankNamePoints
1.dooleys left leg3
The Vital Football Members League