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Found 1 result

  1. tm4tj

    Bottom Six Money

    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.