Q: What are parachute payments in football?
A: Parachute payments are financial support given to clubs that are relegated from the Premier League to help them adjust to the loss of income from broadcasting and sponsorship deals.
Q: What recent legislation has been introduced regarding parachute payments?
A: The new legislation instructs the English football regulator not to reduce the amount of parachute payments that relegated Premier League clubs receive.
Q: Who confirmed that parachute payments would not be abolished?
A: Lisa Nandy, the secretary of state for culture, media and sport, confirmed that parachute payments would not be abolished, despite the regulator's involvement.
Q: When was the football bill published?
A: The football bill was published by the government on Thursday and has begun its progress through parliament.
Q: What does the bill say about financial redistribution agreements?
A: The bill states that any financial redistribution agreements determined by the regulator should not result in a lower amount of relegation revenue being distributed to a club.