blythspartanYorkshireRoyal99blythspartan Cardiff look to have big plans this season. I thought they were in danger of breaching FFP but obviously not.
To be fair, they might be and they might be throwing all their eggs in one basket over the next season or two for promotion. Parachute payments are coming to an end for them, a few outgoings for sure but they've still got a pretty big wage bill for where they are. Maybe not this season, but potentially in 12 months time we might be talking about it.
I completely forgot that they were only relegated in 2019 so are still receiving parachute payments.
No I don’t think they are still receiving parachute payments.
Cardiff were last promoted to the Premier League as runners up to Wolves in 2017/18. At the end of season 2018/19 they were relegated back to the Championship (with a Fulham and Huddersfield) which means they had just one season in the Premier League.
Because they lasted just the one season in the Premier League they only receive two years of parachute payments not three (a club has to complete at least two successive seasons in the PL to get the full three years of payments) therefore those payments should have been made in seasons 2019/20 and 2020/21 so can’t see how Cardiff are using parachute money unless they’ve been saving up!
The only clubs in the championship getting parachute payments next season will be:
- Burnley (first payment of three)
- Norwich (first payment of two)
- Sheffield United (second payment of three)
- Watford (first payment of two)
- West Bromwich Albion (second payment of two)
Huddersfield had their last parachute payment in season 2021/22 and both Stoke and Swansea had theirs in 2020/21.