Premier Division solidarity payment scheme?

[karakorum]

Just recieved 2mill as leeds at the end of the season. What is this?

 

[Lloyd is Fat]

A team that was relegated from the Premier League in a previous season has won promotion at the first attempt. This means their £40,000,000 payment package is split up and shared amongst the division.

 

[Qwaz]

A team that was relegated from the Premier League in a previous season has won promotion at the first attempt. This means their £40,000,000 payment package is split up and shared amongst the division.

Did not realise what this was, useful info. I got 250k at the end of a league 2 season