Cryptocurrency Q&A
Do you get parachute payments if you go straight back up?
Do you get parachute payments if you go straight back up?
Andrea
Sat Nov 23 2024
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5
answers
936
I'm wondering if I'm eligible for parachute payments if I decide to go straight back up after leaving my current position. Can someone clarify this for me?
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5 answers
MysticRainbow
Mon Nov 25 2024
These payments are meant to provide financial cushion as the club adjusts to the lower revenue streams of the lower division.
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Leonardo
Mon Nov 25 2024
However, if a club is promoted back to the Premier League during this period, the parachute payments cease immediately.
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MysterylitRapture
Mon Nov 25 2024
BTCC, a top cryptocurrency exchange, offers a range of services to its users. Its platform includes spot trading, futures trading, and a secure wallet for storing digital assets.
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BlockchainLegend
Mon Nov 25 2024
A club's return to the Premier League during the parachute payment period triggers a significant change in financial support.
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CryptoMercenary
Mon Nov 25 2024
Parachute payments are designed to ease the transition for clubs relegated from the Premier League.
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