Forest 2011/2012 parachute is safe

[earthworm]

http://www.skysports.com/story/0,19528,11095_6145731,00.html

So, should we be relegated next season, we'll be in safe hands ...

Football League chairmen have voted in favour of the new parachute payments proposed by the Premier League.
The new payments - which rise from £16million a year over two years to £48million over four years - will start from next season and are part of a package of solidarity payments.
The League One and Two clubs had initially blocked the change at a meeting 10 days ago but were told by the Premier League it was a take-it-or-leave-it offer.
A Football League spokesman admitted that many clubs had expressed fears about the changes.
Constructive

Many smaller clubs fear increased money going to the Championship will widen the gap with League One and Two.
The spokesman said: "Following a frank but constructive meeting at Walsall's Banks's Stadium earlier today, Football League clubs have voted to accept the Premier League's revised solidarity and parachute payments proposals.
"Whilst many clubs expressed concerns about the proposals, their acceptance was considered the only viable way forward.
"The Football League will now work in good faith, with the Premier League, to ensure that the resulting contract and regulatory changes are good for both competitions and football as a whole."

Got to wonder if sharing it equally between all the clubs would have been fairer though.

 

[Flaggers]

That's assuming..........

 

[Caveman Ninja]