According to the Mail, villa will lose heavily in parachute payments. The new deal is for 3 years rather than 4, but for bigger sums. Alas the teams in the Prem get £100m minimum, those relegated much less. The First year is £40m, then £33m and final year £14m. Obviously promotion puts the club back on £100m per year minimum, but that is the hard bit to achieve.
Thus Villa will only get £87m if they are out for 3 years, while the teams in all three years get £300m. These figures make it clear that the policies of the FOx era with the focus on off field activities did not just hurt us, they hurt Randy Lerner in the pocket. Makes it even dafter that Fox was appointed to make money for the club
Trevor FIsher