Premier League clubs such as , and have been handed a second financial boost in as many years due to Leeds United and Burnley's promotion from the Championship.
Both clubs confirmed their return to the Premier League next season at the weekend. Leeds' 6-0 win over Stoke City meant that victory for Burnley over Sheffield United would see both clubs promoted automatically.
A double from Josh Brownhill gave the Clarets a 2-1 win and ensured that would be the case.
READ MORE:
READ MORE:
Those promotions see Burnley return to the at the first attempt, and Leeds at the second after missing out in the play-off final last season - and that is where positive news for Premier League clubs comes in.
The promotion of both squads - within three years of their relegations from the Premier League - means that the money that would have been paid to Leeds and Burnley in parachute payments has been saved. Instead of just going to the two clubs, it isinstead divided between all of the Premier League clubs - which will work out around £2.55million each.
While it's only a small amount, it will provide a small boost to clubs ahead of the summer window, especially as clubs keep an eye on the Premier League's Profitability and Sustainability Rules (PSRs).
The figure will increase if Sheffield United earn promotion through the play-offs at the end of the season.
The smaller boost comes after what was a bigger boost because of the same rules last season. Leicester City and Southampton both earned an immediate return to the Premier League.
As both bounced back immediately, it meant that the parachute payments were bigger, and therefore, clubs had £102 million split between them (£5.1m each).
The same could, potentially, happen again next season. Southampton and Leicester City have (already) had their relegations back to the Championship confirmed, with Ipswich looking likely to join them.
If any of those clubs are successful in bouncing back, then remaining parachute payments money will - yet again - be split between Premier League clubs. It would also be the same if Sheffield United fail to get promoted this year, but then go up next season - with the payments lasting for three years on from relegation.
You may also like
Mark Lawrenson picks out six Liverpool stars key to imminent title success
Mansfield Town release Lucas Akins statement after footballer jailed for killing cyclist
Egyptian President, Italian Foreign Minister discuss bilateral ties, regional issues
CBB 'fix row' as Chris lets slip about Katy Perry space mission - despite being in the house
BSF man strays 5 paces into Pakistan, detained by Rangers