About: Premier League parachute and solidarity payments

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The Premier League distributes a formulaically derived financial payment to each English Football League (EFL) club every season. There are two mechanisms with which funds are calculated and distributed; these are known as "Parachute Payments" and "Solidarity Payments". The payments are linked to the value of the Premier League’s broadcasting rights. In the 2017–18 season the Premier League paid £243m in Parachute Payments split amongst 8 clubs, and £100m in Solidarity Payments split amongst the remaining 64 clubs. This compares to £88m of UK TV revenue the EFL distributed to its 72 clubs for the 2017–18 season.

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dbo:abstract	The Premier League distributes a formulaically derived financial payment to each English Football League (EFL) club every season. There are two mechanisms with which funds are calculated and distributed; these are known as "Parachute Payments" and "Solidarity Payments". The payments are linked to the value of the Premier League’s broadcasting rights. In the 2017–18 season the Premier League paid £243m in Parachute Payments split amongst 8 clubs, and £100m in Solidarity Payments split amongst the remaining 64 clubs. This compares to £88m of UK TV revenue the EFL distributed to its 72 clubs for the 2017–18 season. (en)
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rdfs:comment	The Premier League distributes a formulaically derived financial payment to each English Football League (EFL) club every season. There are two mechanisms with which funds are calculated and distributed; these are known as "Parachute Payments" and "Solidarity Payments". The payments are linked to the value of the Premier League’s broadcasting rights. In the 2017–18 season the Premier League paid £243m in Parachute Payments split amongst 8 clubs, and £100m in Solidarity Payments split amongst the remaining 64 clubs. This compares to £88m of UK TV revenue the EFL distributed to its 72 clubs for the 2017–18 season. (en)
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