article_snippet.sent: We are probably half the wage bill of the next team in the division, let alone all the superpowers, and half the spending of the next team in the division,’ said Sean Dyche.
article_snippet.sent: Sean Dyche says Sean Dyche side have had to compete with the smallest wage budget in the Barclays Premier League .
article_snippet.sent: The cost of relegation is estimated at £60million by football finance expert Professor Rob Wilson of Sheffield Hallam University.
article_snippet.sent: We normally say promotion is worth
article_snippet.sent: £100-120m,’ said football finance expert Professor Rob Wilson of Sheffield Hallam University.
article_snippet.sent: Clubs won’t get the full TV rights payment which is about £80m
article_snippet.sent: but Clubs will get parachute payments.
article_snippet.sent: Sponsors pay a premium for the Premier League and those deals will end and salaries can quickly eat up this smaller revenue if there are no clauses to reduce wages or allow a quick sale.
article_snippet.sent: For a club’s first season in the Championship it’s in the region of a £60m direct cut in revenue.
article_snippet.sent: Relegated clubs will receive a parachute payment of £25m next season, followed by £20m in 2016-17 and two more of £10m if Relegated clubs do not go back up, as fewer seem to do.