How much!

17/05/2010 | By More

It was interesting to read this article today which details just how much money each premiership club collects each year.

It’s amazing to think that any club could go into administration with so much money being dished out each year. Couple this with parachute payments and it seems that the premier league is clearly set to pull away from the old football league in terms of development. There is an interesting graphic here that clearly illustrates the amount of the money handed out.

You should read this in conjunction with an older article here. A stark contrast to when the premier league started. Back then, in the 92/93 season, Nottingham Forest were relegated and received £37,055 for their troubles. This year Portsmouth received nearly £32m for the same feat! Money paid out has risen from nearly £10m back then, to an astonishing £160m in 2010.

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I left a good job in the consumer technology industry to go a trade on Betfair for a living way back in June 2000. I've been here ever since pushing very boundaries of what's possible on betting exchanges and loved every minute of it.

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