Relegation from the Championship is likely to cost Preston North End £3m – £4m. Some of this loss will come from falling attendances, but the biggest difference between the Championship and League 1 is in terms of television revenues. A club can expect to earn £2.7m in the Championship and only £325,000 in League 1.
Relegation from the Championship is likely to cost Preston North End £3m – £4m. Some of this loss will come from falling attendances, but the biggest difference between the Championship and League 1 is in terms of television revenues. A club can expect to earn £2.7m in the Championship and only £325,000 in League 1.
The losses are smaller than those for Norwich City who are estimated to have taken a £5m hit when they were relegated to League 1. Norwich are now in the Premiership. It’s interesting to speculate whether there is any relationship with the more vibrant economy in East Anglia.