New research conducted into the advantage of parachute payments has concluded that clubs are three times more likely to earn promotion back into the Premier League while fuelling unsustainable losses at rival clubs.
Bristol City owner Steve Lansdown, chairman Jon Lansdown and CEO Richard Gould have all been critical of the system in the past and the unfair playing field they create.
When teams are relegated to the Championship, they receive three payments that are divided as an equal share of broadcast revenue paid to Premier League clubs to help mitigate the huge drop in revenue that fails to cover the wage bills accumulated.
