The amount clubs have received in parachute payments has been released.

According to the Daily Mail, Aston Villa received £34,012,650 in total from parachute payments for this season due to being relegated in 2016. Clubs get a smaller share every year for three seasons after being relegated in order to help them deal with the transition down to the Championship. This is due to the sheer difference in revenue generated from TV rights between the two divisions.

Cardiff, Fulham, Hull, Middlesbrough, Norwich, QPR and Sunderland are the other teams that earned parachute payments with Newcastle not receiving any, even though they were relegated in 2016, due to achieving promotion at the first time of asking.

The contrast with the amount Premier League clubs are receiving in prize money payments is staggering and shows the gulf financially as well as why teams are so desperate to get in the Premier League and stay there.

The Verdict

Villa have another year left of parachute payments to help them, but after that they will probably have to cut down their wage budget if they don't achieve promotion. Their play-off final rivals Fulham are currently in that predicament because they won't have the payments to rely on next season, so they will be desperate to get back into the Premier League.

It's also interesting that four of the top six teams in the Championship this season are receiving these payments, which shows how they can help manage the drop by keeping together the majority of the squad.

Wolves and Derby were the two other sides who managed to work their way in without these payments. Although Wolves required on significant spending from their owners and connections with Jorge Mendes to bring in top players.