The Parachute Payment Problem
Championship football operates with stark financial inequality. Clubs with parachute payments spend 3x more on wages than non-parachute competitors.
This creates a two-tier system within the second division.
Relegated Premier League clubs receive £40-60 million in parachute payments, creating insurmountable financial advantages over teams building from within the division.

Financial inequality reshapes Championship competition
Championship football operates with stark financial inequality. Clubs with parachute payments spend 3x more on wages than non-parachute competitors.
This creates a two-tier system within the second division.