How Sunderland’s Dramatic Promotion Will Quietly Drain Millions From Every Premier League Club
Sunderland’s thrilling victory over Sheffield United in the Championship play-off final might be a dream come true for the Black Cats and their supporters—but for the rest of the Premier League, it comes at a steep financial price.
Dubbed the “richest game in football,” the play-off final at Wembley determines which team secures a lucrative promotion to the Premier League. With a dramatic 95th-minute winner from Tom Watson, Sunderland clinched a return to the top flight, having equalized earlier through Eliezer Mayenda after falling behind to a first-half strike by Tyrese Campbell.
But this fairytale ending for Sunderland translates into a £39 million blow for the top-tier clubs.
Football finance expert Kieran Maguire outlined why Sheffield United’s promotion would have been more beneficial to existing Premier League clubs. The core of the issue lies in the league’s parachute payment system—financial support provided to relegated clubs to cushion their drop to the Championship. These payments are tiered over three years (£48m in year one, £39m in year two, and £17m in year three).
Had Sheffield United been promoted, they would no longer be eligible for the second year of their parachute payment—specifically, the £39m for the 2024/25 season. This money, under Premier League rules, would instead have been redistributed among the remaining top-flight clubs, amounting to roughly £1.95 million per team.
Now, with Sunderland going up and Sheffield United staying down, that redistribution won’t happen. The £39m will go to the Blades as planned, leaving every other Premier League club with nearly £2m less than they might have had. It’s not a massive sum in the context of top-level football, but for clubs like Manchester United—recently fined £10m by Adidas after missing Champions League qualification—it’s a frustrating loss amid tight financial maneuvering.
Sunderland’s comeback is a story of perseverance and glory—but for the Premier League’s elite, it’s a costly twist in an already challenging financial landscape.
Sunderland’s Shock Return Could Wreck Premier League Rivals’ Finances – Here’s How Their Promotion Might Drain Millions from Every EPL Club’s Pocket This Season!
Sunderland’s Shock Return Could Wreck Premier League Rivals’ Finances – Here’s How Their Promotion Might Drain Millions from Every EPL Club’s Pocket This Season!