Parachute payments system benefits the elite when teams such as Burnley and Leeds rejoin top tier within three years
For the second year running, all three clubs promoted from the Championship to the Premier League will make an immediate return to the second tier. It would be tempting to say this is the natural order of things given the financial challenges faced by clubs suddenly thrown into the world’s richest domestic football competition.
Even when they do spend huge amounts in order to give themselves a chance of survival, as Southampton and Ipswich did, respectively spending £62.8m and £106m net in the summer of 2024, the gap appears too big to close. Yet what has happened to them used to be an exceptional occurrence.
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