Lower divisions halt parachute increases
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.A move to double parachute payments for clubs relegated from the top-flight ended in deadlock yesterday after League One and Two chairmen blocked the change.
Fears that the proposals by the Premier League, which would see payments rise from £24million over two seasons to £48m over four years, would affect the balance of competition led to an impasse at a meeting of the 72 Football League clubs.
It is understood that Championship clubs were broadly in favour of the increase but an unnamed Championship chairman insisted there was no danger of a breakaway. He said: "Understandably the Championship clubs were in favour because it means a lot more money for them but the League One and Two sides are worried it will create a big gap. But there is no appetite for a breakaway – we need to sort this out between ourselves."
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments