Championship financial fair boost that could benefit West Brom and other clubs outlined by chief executive
A Championship chief executive has outlined how the Championship could be a much fairer division next season when it comes to finances.
There has been a lot of movement in the Championship this season that could play a big part in how the division shapes up for the 2025/26 campaign.
Burnley bounced straight back to the Premier League with Leeds joining them after a two season absence, while Luton Town double dropped down to League One.
And Portsmouth chief executive Andy Cullen has explained that there will be a smaller number of sides in receipt of parachute payments next season - meaning a fairer and more balanced league.
The 2025-26 campaign will see a reduction in sides having the advantage of receiving a share of the £1.6 billion set aside by the Premier League, for teams dropping out of the top flight.
Teams who have gone back up like Burnley and Leeds now have their parachute payment counters reset, while Luton's parachute payments do continue but in League One.
Sheffield United will be in benefit of the payments still, but Watford and Norwich who came down in the 21/22 season, are now outside of the three year cycle.
Teams who return to the Premier League in that time ‘reset their counters’, as will be the case with Burnley and Leeds United after their successes in the past campaign. Meanwhile, Luton Town dropped straight into League One, meaning they will receive their second £39m tranche outside of the second tier.
They were three of the six teams in receipt of parachute parachute payments last season, along with Watford, Norwich City and beaten play-off finalists Sheffield United.
The Portsmouth chief said: ‘There are the three teams who are coming down who will be in receipt of parachute payments, while Luton will be in receipt of a parachute payment in League One.
‘The other one is Sheffield United (who lost in the play-off final to Sunderland), so there will be fewer teams receiving parachute payments - and I think that helps with the competitiveness of the league."
