Quote Originally Posted by sinkov View Post
I haven't checked the parachute payments recently BT, so I've no idea what they are anymore. If they kept turnover to within £20m of what it is in the PL I'd be gobsmacked, so can you gobsmack me and tell me what the current payments are, or are you making it up ? Surely not.
From what I can see sinkov, parachute payments to EFL clubs are linked only to the equally shared element of the broadcasting income (i.e. 50% of UK income, and 100% of Overseas income).

Seeing that revenue is way down due to the Chinese consortium's inability to stump up, the Black Hole in Mike's finances might be ever greater than your mystical Black Hole in Gawthorpe.

Either way, it looks like we need to stay up or that shortfall might be nearer to £50 million depending on what goes into the EPL pot via broadcasting income. ITV Digital all over again?