Parachute payments do not equal premier league moneyThey would get a parachute payment for up to 3 seasons.
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Not true. Why do you think they would have to do this?
Again; not true. Levy had clauses placed in all the player contracts he dealt with which means player wages would be reduced by 50% in the event of relegation.
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Spurs players face wage cuts if relegated – Paper Round
Tottenham Hotspur players face wage cuts if the club are relegated, The Athletic has revealed, with Daniel Levy ensuring all contracts included clauses.www.tntsports.co.uk
Historically a players value drops when relegation happens due to the majority of players preferring premier league football & the other clubs know the player wants away.
Even if the 50% reduction wages is true . Players like Gallagher who are on supposedly 200 grand a week would drop down to a hun a week & that would make him the highest paid player in the Champ by quite some margin