Premier League offers £90m to Smaller Clubs

The Premier League is to give more than £90m to the Football League over the next three seasons.

This 'solidarity package' will be distributed down the football pyramid, with £31.8m handed out next season.

The funding includes £5.4m for Football League youth development, plus £11.2m to be split between Championship, League One and League Two clubs.

Championship clubs will have an extra £11.2m or £22.4m in seasons with one or three spare parachute payments. Clubs in the second tier of English football will receive an extra £11.2million next season because Sunderland and Birmingham, who made an instant return to the Premier League, will no longer receive parachute payments.

I feel this is actually a nice move and smaller clubs will have the ability to increase investment in critical areas such as youth development.

Though will this money make a real difference?League One clubs will receive £103,480 each, with £68,987 going to League Two clubs?! Top players of Chelsea and Manchester United command more than £100K per week.

Via - BBC