Premier League increases payments to lower clubs
Published
Aug. 4, 2010 2:45 p.m. ET
foxsports
The Premier League will provide about $600 million to the 72 English league clubs outside the top flight over the next three seasons.
The funding package was announced Wednesday after the Football League clubs agreed on a series of new financial regulations.
As part of the $197 million annual payments, most League Championship clubs will receive $3.5 million.
But the clubs relegated from the Premier League into the second tier will now earn $76 million over four seasons instead of $25 million over two years.
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