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Swansea Could Be Boosted With An Extra 800,000

Swansea City could receive around 800,000 this year if Reading win promotion to the Premiership.

The Swans are already guaranteed around 400,000 as Birmingham won automatic promotion to the top flight. The club won't receive their 11.2m parachute payment as they have made an instant return to the Premiership.

Instead, this money will be split between the Championship clubs - apart from the three that get relegated from the Premier League this season, plus Derby who will receive their own second instalment of parachute payments.

The 400,000 will be doubled if Reading get promoted via the play-offs as they too won't receive their payment having made an instant return to the Premiership.

The 800,000 estimated money we will receive if Reading win promotion together with the money we'll be given for finishing 8th in the Championship would give Martinez a good transfer budget this Summer, and could help to buy Jordi Gomez on a permanent basis.



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The Journalist

Writer: KevinE Mail feedback, articles or suggestions

Date:Saturday May 9 2009

Time: 12:15PM

Your Comments (oldest first)

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definitely routing for reading in the play-offs then!
GThomas
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09/05/2009 14:53:00

 

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