A play off final isn't a major trophy. Its like coming third in the world cup. The best of the losers. Actually it's not even as major as third in the world cup
I get where you're coming from, and yes, you're right in that it's not a legendary trophy like the FA cup, but in money terms, it's a major trophy for sure, no question about it.
Including all TV rights, gate receipts and possible parachute payments over the course of 4 years, etc, the play off final can be worth up to an extra £150 million for the club that wins it.
Not only that they also get to play in maybe the most watched league in the world, a reward with massive prestige irrespective of any financial gain.
For winning that Playoff Trophy, they get almost as much reward as the league champions do, so yes it's a major trophy in my definition.
3rd place in the World Cup, in real terms, is actually of a lot less consequence than the Championship Play Off. Symbolically, it's far more important, but not in real terms at all.
I can't be certain but I'm pretty sure the Championship Play Off final is a bigger guaranteed financial reward than winning the League Cup, if not the F.A Cup too, and possibly both combined a few times over.
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