With our parachute payment as well we should have an advantage over lots of rivals in this financially challenged league.

Now the company's corporate officers will have to pay excise taxes that might arise from parachute payments.

A company would therefore have to spend $100,000 to cover $40,000 in taxes generated by a parachute payment.

I think that they would - provided England is not required to make parachute payments to Scotland.

Some leagues offer a "parachute payment" to its relegated teams for the following years in order to protect them from bankruptcy.

However, they received a £1.5m 'parachute payment' whilst in National Division One.

Also, the company is prohibited from making golden parachute payments to a senior executive.

Philip Morris may also have to make $14.5 million in "golden parachute" payments to 58 Kraft executives.

There is huge pressure on Pearson to deliver promotion before the parachute payments run out.

However, in many cases these parachute payments just serve to inflate the costs of competing for promotion among the lower division clubs.