parachute

The landmark legislation will give the regulator powers to assess the impact of the Premier League's controversial 'parachute payments' to relegated clubs as part of a 'State of the Game' review every five years.

Mr Bennett, 72, who served with the parachute regiment in Northern Ireland, was speaking ahead of the traditional Armistice Day ceremonies set to take place across Scotland.

Eddy said his father landed, hid his parachute and stole a bicycle to get "as far away as possible", ending up in a barn.

But it will now be able to consider parachute payments when deciding how much money the Premier League should redistribute.

With no parachute payment for being relegated, the Broncos said last week that they need to raise £350,000 in the next month to ensure their survival next term.