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tm4tj

Bottom Six Money

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Spotted this on the STV website. Looks like we will be getting the parachute payment.

The bottom six

The maximum that can be made by a bottom six club is £1.21m, which is the amount on offer to the team which finishes in seventh spot.

The financial gap from place-to-place is then £52,750 by position. That means the team in eighth earn £1.16m, ninth get £1.1m, tenth receive £1.06m, 11th spot earns £1m and the bottom cub get £949,500 in prize money.

The bottom side also receive a parachute payment of £300,000 in the following season, and a further £150,000 if they remain out of the Premiership the year after.

If a team is relegated through the play-offs, they receive a parachute payment of £500,000 in year one and £250,000 in year two if required.

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Get the first round in at The Hole in the Wall. 

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I'm sure we got about half that last year for finishing seventh.

Wonder what you get when you win the Championship or getting promoted through the play offs?

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It's all in the article link I provided above.

The rest of the SPFL

A total of 82.3% of the total SPFL prize pot is shared by Premiership clubs, leaving £3.75m to be shared amongst the other 30 teams.

The Championship winners pocket the highest amount, taking in £474,450. The teams taking part in the play-offs receive £400,900, £337,600 and £274,300 for finishing second, third and fourth respectively.

The winners of League One get £105,500, while the champions of League Two earn £56,970.

 
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Factor in lower crowds, loss of commercial revenue and lower ticket prices and the cost of relegation in the first season is in the region of a million pounds. Considering that without windfalls in the form of cup runs or transfer fees we tend to run at an annual loss of circa £300,000 from a typical mid table season in the Premiership that is a painful hit for a club with our resources.

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Looks like the parachute payment will come in handy.......

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So for finishing bottom of the premiership (shudder having to call it this), we get 950,000 prize money, plus a parachute. If we finish 5th next season for example it drops to roughly 200,000 prize money. Ooya, harsh!

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Would the Board spend part of  that money to pay off our current manager  to secure his release from all and any contractual relationship though?

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