It is expected that a deal between EFL teams and Premier League clubs will be reached, which will benefit financially precarious West Brom.
According to Martyn Ziegler in The Times (September 14), a meeting scheduled for next Thursday (September 21) will see the top teams asked to sign an agreement to increase the Financial compensation for the lower leagues, with Championship clubs due to meet next week.
.
Sources close to the matter said that a deal was “near being reached” on the amount after negotiations “have been ongoing since last year”.
The new deal will see elite money allocated to clubs in the lower divisions based on their position in the league and will be worth almost £4m to those who top the Championship enemy, in addition to a “solidarity payment” of £5.
19 million.
which everyone will receive this season, except those who receive even higher skydiving bonuses.
The Times report notes that the first season’s parachute payments were worth £44m to second-tier teams, the second £36m and the third £16m.
West Brom are currently flying alone without the benefit of that safety net for the first time in 20 years, having received just two out of three seasons of payout as they only returned to the top flight for one year during the trip.
His most recent visit [Swiss Ramble, July 10].
And with the club having had to do without a number of players over the summer, including Dara O’Shea to Burnley for £7m, it has become clear the dire financial situation they are facing has become clear.
after the latest Albion accounts were published.
The Athletic, March 31], the prospect of a seven-figure profit could mean a lot to The Hawthorns.
Umbrella payments remain at the heart of the “disagreement” over the new deal, so what will happen with these payments remains to be seen.
Carlos Corberan will clearly aim to make the extra money a moot point by securing promotion, but given the departures this could be a step too far, so greater compensation if West Brom’s stay in the second tier extending into a fourth season would be helpful..
But given the club’s ongoing turmoil, fans will just have to hope the manager can finish high enough to make a difference and not become a drop in the ocean.