By IANS
London : English Premier League is to give more than 90 million pounds to the Football League over the next three seasons.
Its 'solidarity package' will be distributed down the football pyramid, with 31.8-million pounds handed out next season, reports the BBC website.
The funding includes 5.4 million pounds for Football League youth development, plus 11.2 million pounds to be split between Championship, League One and League Two clubs.
Championship clubs will have an extra 22.4 million pound with three spare parachute payments.
Clubs in the second tier of English football will receive an extra 11.2 million pounds next season alone because Sunderland and Birmingham, who made an instant return to the Premiership, will no longer receive parachute payments.
That leaves West Bromich Albion, Watford, Sheffield United and Charlton Athletic as the four parachute clubs.
Last season's fifth-placed club, Wolverhampton, will receive 1,383,602 pounds, with the sixth-placed club, Southampton, receiving around 75,000 pounds less and so it will continue until the club in 13th place, Cardiff, who will receive 775,909 pounds.
Clubs finishing 13th and below will all receive the same amount as Cardiff.
League One clubs will receive 103,480 pounds each, with 68,987 pounds going to League Two clubs.
Premier League chief executive Richard Scudamore said: "The Premier League and our member clubs recognise the importance of the continued health of the professional game at all levels.
"This solidarity payment means that Football League clubs will have the ability to increase investment in critical areas such as youth development and community programmes."
The Premier League is set for a windfall of 2.7 billion pounds from its new television deals over the next three seasons.