Ipswich Town, Southampton, and Leicester City are favored to return to the Premier League following relegation, supported by parachute payments. Senior figures in the English Football League are concerned about a growing imbalance in English football, where the Premier League is becoming increasingly exclusive. Over the past five seasons, two of the three promoted teams have received these payments, and both of the last two promotion cycles saw all newly promoted teams relegated again. The EFL seeks to abolish parachute payments while pushing for a larger share of Premier League revenue.
Senior figures across the English Football League are sounding the alarm over a growing imbalance in English football. Their concern? That the Premier League is quietly morphing into a 24/25-team elite, where newly-promoted sides struggle to compete financially.
Parachute payments are a series of solidarity payments the Premier League makes to relegated clubs, for up to three years, to help them adapt to reduced revenues back in the Championship.
In each of the past five seasons, two of the three teams promoted from the Championship were receiving parachute payments. In each of the past two campaigns, the three promoted sides were all then relegated straight back out of the Premier League.
The EFL wants to abolish parachute payments while securing a bigger share of the wealth generated by the top flight. The Premier League, on the other hand, believes the payments help clubs to be competitive once promoted.
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