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Parachute payments are made to clubs relegated from the Premier League in order to soften the blow of the significant reduction in revenue in the Championship, especially as many players’ wages remain at a high level. The following thread looks at how these payments work.
It is evident that parachutes have a major impact on the competitive balance in the Championship, as the 6 clubs with the highest revenue in 2016/17 all benefited from these payments, most notably the 3 relegated the previous season: #NUFC £86m, #NCFC £75m & #AVFC £74m.
Eight Championship clubs received Premier League parachute payments in 2016/17 with #NUFC, #AVFC and #NCFC getting £41m (up from £26m in 2015/16 thanks to the new TV deal), followed by #QPR £31m, then #CardiffCity, #FFC, #Royals & #WAFC, all £16m.
Read 14 tweets
When government #Corruption involves an #AttorneyGeneral, #SpecialCounsel, former #CIA agent, former #FBI agent, & dozens of govt officials...shouldn't the media be interested?

They were w/#Watergate. Why not #FISAGate?

#ReleaseTheMemo
#DoubleStandard

historyteacher.net/HistoryThrough…
1. To translate for those blocked from #TRUTH in the #LSM bubble, the above tweet references media silence on MASSIVE state-level #Corruption. Synopsis of key people involved in #DeepState #Treason is in this thread.

For more info, read this mini novel:
threadreaderapp.com/thread/9460448…
2. Chapter 1: #Treason involving spying+ on Americans and #POTUS.

Cast of characters:
DOJ: #LorettaLynch, #EricHolder, #RodRosenstein. #JohnCarlin
FBI: #Comey, #McCabe, #BillPriestap, #LisaPage,
#JamesBaker, #AndrewWeissmann, #JeannieRhee, #BruceOhr
CIA: #Brennan
DNI: #Clapper
Read 7 tweets
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