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Bristol Post
Bristol Post
Sport
James Piercy

Middlesbrough boss Chris Wilder echoes Bristol City's message over parachute payments

Middlesbrough manager Chris Wilder has joined the growing chorus of Championship figures calling for the parachute payment system to be reviewed amid growing financial disparity in the second tier.

The impact of the pandemic on EFL club finances has been keenly felt with not only the loss of all gate revenue during the 2020/21 season having a huge impact but also the near-collapse of the transfer market outside of the Premier League.

As a result, those below the top flight have had to be increasingly prudent with their transfer spending and the wage bills they can accommodate, whereas those relegated into the EFL have the additional security blanket of parachute payments for up to three seasons, enabling greater financial power and flexibility.

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