Malaga ask for relegation parachute payments all in one go

Malaga ask for relegation parachute payments all in one go

June 3, 2018 Off By Daryl Finch

In a bid to get back to the top flight at the first time of asking, Malaga have already told La Liga that they wish to claim the so-called parachute payments due to them in full next season, reports Diario SUR.

Though the club is in complete disarray with no one occupying the roles of head coach, sporting director or chief executive, according to the Malaga-based newspaper, directors have already expressed their wishes to La Liga.

Generally speaking, relegated clubs tend to claim these payments over the first two seasons following the drop, but given the need for significant investment in the playing squad, Malaga will claim the figure, estimated by club officials to be in the region of 21 million euros, across four payments between September and December.

This figure is more than double that received by Sporting Gijón when they were relegated the previous year and this is down to Malaga’s television receipts having been consistently in the top ten in the division, including this year despite the disastrous campaign in which they finished bottom.

This amount will cover some of the expected 80 per cent reduction in TV money, though there are considerable concerns over season ticket sales with renewals expected to take a sharp nosedive.

Last year, 25,000 season tickets were sold, the second highest in the club’s history; last time Malaga were relegated, in 2006, sales dropped to just above 12,000, then fell again to 11,000 after a poor first year back in Segunda.

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