£500,000 windfall from The EFL

[Lullapie]

Has the club received this and if so has it already been spent?

[OP67]

I should think it was swallowed up by all the debt we have!

[ncfcog]

Has the club received this and if so has it already been spent?

I’ve done a quick search online and can not find any payment dates anywhere. I think it’s a pertinent question and would be interested to know when these payments are made because it constitutes a major point in any clubs financial planning timeline.

[nw6pie]

Has the club received this and if so has it already been spent?

Not sure if "windfall" is quite the right word, given that our monthly salary bill is said to be about £250,000 and we would normally receive £1 million as a L2 side.

Not hard to see why the club is in such a mess with those kinds of figures or why no one is rushing to snatch Hardy's hand off to pay him a reported £5 million to take on a loss-making operation.

[macstop]

So by my reckoning AH has had £500,000 from the league, reported £200,000 from the sale of Etete, and 2000 season ticket money, so that's about over one million pound? where as this money gone.

[Masson4]

Seems quite difficult to find out exactly when the parachute payments become payable.

[marshall55]

Seems quite difficult to find out exactly when the parachute payments become payable.

You would think during close season to help clubs tick over.

[Big Bob]

Gone in Hardy's back pocket

[theory_extinct]

Has the club received this and if so has it already been spent?

Is £500k the total parachute payment, which is spread over a couple of seasons? Or is the the first instalment? From what I can see during a quick search, this season we should only get at £250k. Admittedly it was a very quick search.

[theory_extinct]

Gone in Hardy's back pocket

Of course it has