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1Walsall22+1243
2Bromley22+1242
3Swindon22+940

4MK Dons22+1939
5Salford22+339
6Notts County22+1138
7Chesterfield22+838

8Cambridge Utd22+635
9Fleetwood Town22+333
10Colchester22+932
11Crewe22+532
12Gillingham22+531
13Barnet22+329
14Tranmere22+229
15Oldham22+428
16Grimsby22+328
17Accrington Stanley22-127
18Cheltenham22-1427
19Barrow22-1021
20Crawley Town22-1119
21Shrewsbury22-1619
22Bristol Rovers22-2418

23Harrogate Town22-1817
24Newport County22-2014

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League To Give Parachute Money!

By: Bill Osborne
Date: 25/03/2003

THE Football League's Board of Directors will be placing a proposal to all 72 member clubs at the League's AGM on June 5 to extend the "Parachute money" system.

The proposal is that for future seasons the three clubs promoted to the Premier League will give up £165,000, with £120,000 to be received by each club relegated to Division 2 and £34,000 by each club relegated to Division 3.

Parachute payments already exist for clubs relegated from the Premier League and also from Division Three to the Conference.

The League's Head of Communications, John Nagle, said: "This is seen as a further positive step towards the stabilising of finances within The Football League. The introduction of parachute payments is seen as an essential part of helping clubs to cope with the additional wage burden they carry with them from a higher division to a lower one.

"When introducing a system of parachute payments it is important not to undermine fair competition within the Divisions as this can lead to a more predictable League and the emergence of 'yo-yo' clubs. However it is our belief that the amounts being presently considered do not threaten to damage the competition and represent a fair reflection of the extra costs relegated clubs carry with them."




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