Posh co-owner Darragh MacAnthony made the revelation on the latest edition of his ‘Hard Truth’ podcast today (May 5) and he doesn’t begrudge a penny of the expense.
MacAnthony hopes to recoup most of the cost from former Posh striker Ivan Toney’s career.
“We will be paying out £1.2 million in bonuses to players, management staff and other clubs,” MacAnthony said.
“The club thing is a good thing. I always throw in add ons when I buy players as I’m happy to spread the wealth among lower league clubs.
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“Bristol Rovers will get a six-figure sum for us winning promotion from the terms of the Jonson Clarke-Harris deal and they’ll get £50k for him winning the League One Golden Boot. The Bristol Rovers chairman took time out to send me congratulations on winning promotion by the way. He’s a classy guy.
“And a team that’s just been relegated from the Football League (Posh signed Siriki Dembele from Grimsby in 2018) will get £100k from us
“But if Brentford go up from the Champoionship we get £1 million from the Ivan Toney transfer and we if they don’t go up and they sell him we’ll do all right as well.”
Brentford will contest the Championship play-offs later this month.