Man Utd Among a Number of Clubs Looking to Revise Premier League's Parachute Payment System

Published on: 26 March 2017

​According to a report in ​The Sunday Times, top Premier League clubs - Manchester United and Liverpool - are seeking to have the top flight's parachute payment system revised. Parachute payments are sums handed to relegated clubs to help soften the blow of the drop and keep them afloat until they adjust to the Championship by offloading players on huge contracts or by any other means. The league's top clubs are said to be concerned with dishonest club owners taking advantage of the current...

Source: 90min.com

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