Payments have changed as some promoted clubs pocketed the money eg Blackpool

Promoted clubs who are relegated after a single year in the Premier League will no longer benefit from full parachute payments from the 2016-17 season. The change in the rules means that the promoted clubs, Bournemouth, Watford and Norwich, will miss out on a year of parachute payments if they go straight back down at the end of next season.

The parachute payments system is also changing so that the money – at least £64m – will be distributed to relegated clubs over three years rather than four. Clubs who go back down after a single year in the Premier League will get only the first two years of payments rather than the full three years.

Hull will receive £47m in parachute payments next season and £38m in 2018-19 (had they been in the Premier League for more than a single year they would also have been due a third instalment of £17m, in 2019‑20)