Peterborough United will lose out on a huge cash injection if they fail to win promotion and it could be about to get worse for EFL clubs, plus the staggering coronavirus losses of a League One promotion rival

Posh have not returned to the Championship since relegation on the final day of the 2012-13 season at Crystal Palace.Posh have not returned to the Championship since relegation on the final day of the 2012-13 season at Crystal Palace.
Posh have not returned to the Championship since relegation on the final day of the 2012-13 season at Crystal Palace. | Johnston Press
Peterborough United instantly lose out on an extra £4 million cash windfall if they fail to reach the Championship this season.

That’s merely the difference in Premier League solidarity payments between the second and third tiers of English football.

Each Championship club not in receipt of parachute payments is automatically guaranteed £4.7 million in solidarity money from the Premier League.

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It drops to around £700k for clubs in League One and down further to under £500k for League Two clubs.

Barry Fry.Barry Fry.
Barry Fry. | jpress

“All the solidarity money is split 80% to Championship clubs, 12% to League One clubs and 8% to League Two clubs,” Fry said.

“It’s a ridiculous split and explains why clubs coming down from the Championship have such a big advantage and why going up could be a lifesaver.

“The difference is too great in my opinion and the gap in standard between the divisions grows as a result.”

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And it could be about to get worse for EFL clubs with the Premier League threatening to cut solidarity payments across the board by 25% if their own season fails to finish and large refunds to TV companies have to be met.

Meanwhile wealthy Wycombe owner Rob Couhig caused a few raised eyebrows this week when claiming his club were losing £350k a month due to the absence of football and that total club losses had breached the £1 million mark and will probably rise to in excess of £2.5 million by the time the coronavirus crisis is over.

Wycombe have been forced to send on-loan Millwall player Jason McCarthy back to the New Den even though they expect to contest the League One play-offs this season.

Couhig has also warned all his non-football staff currently on furlough to seek alternative employment once UK Government help ends.

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Couhig said: “It is apparent that the club’s losses as a result of the Covid-19 outbreak may exceed £2,500,000. If we are required to play games behind closed doors, whether to try to complete the season or in play-offs, these costs will go up.”

Championship clubs also win a bigger share of TV money and EFL prize money.

Posh are facing an eighth straight season in League One following their agonising relegation on the last-day of the Championship in 2013.

They have only once reached the League One play-offs since relegation and not at all since the 2013-14 season.

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