How much is winning the Championship play off final worth? Estimates vary between £120m and £135m. Crystal Palace can certainly expect to earn a minimum of £60m from the Premier League’s new television deal.
Palace have come in or out of the Premier League eight times since its formation in 1992, so should they be relegated they will receive £60m over four years in relegation parachute payments.
That makes £120m and what is imponderable is how much a club can generate in merchandise sales, improved attendances and match day revenues. That could be anywhere between £5m and £15m.
How much is winning the Championship play off final worth? Estimates vary between £120m and £135m. Crystal Palace can certainly expect to earn a minimum of £60m from the Premier League’s new television deal.
Palace have come in or out of the Premier League eight times since its formation in 1992, so should they be relegated they will receive £60m over four years in relegation parachute payments.
That makes £120m and what is imponderable is how much a club can generate in merchandise sales, improved attendances and match day revenues. That could be anywhere between £5m and £15m.
What is rarely factored into these calculations is additional costs in terms of higher wages. That poses a dilemma for any promoted club. Do you adopt a prudent strategy, largely relying on existing players (think Reading this year)? There is a chance that it might come off and, if not, you get a big cash boost but are not relegated with an inflated squad and wage bill (think QPR).
At the other end of the spectrum one could splash out and use all the extra money and more – and still could get relegated. Arguably there is a happy medium which involves spending smartly and making intelligent use of loans. Palace manager Holloway may well have learnt from his experience with Blackpool where spending just a little bit more might have kept them up.