Finance expert suggests West Brom central to EFL rebellion amid £90m claim
West Brom are likely one of the 5 per cent of EFL clubs resisting the proposals put forward in the Fan led Review, according to Doctor Dan Plumley.
The sports finance expert, speaking exclusively to Football Insider, said the Baggies have a “vested interest” in opposing change as they are currently in receipt of parachute payments.
In Tracey Crouch’s Fan led Review of Football Governance (24 November), it is recommended that parachute payments are scrapped.
The Guardian later reported (29 November) that Premier League and EFL executives have held secret talks about the payments.
Speaking on Sky Sports (6 December), Salford City part-owner Gary Neville revealed “95 per cent” of EFL and National League clubs are “behind” the Fan led Review.
When asked by Football Insider if West Brom were likely part of the minority, Plumley said: “This was always going to be the sticking point for the Football League.
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“You are looking at the clubs hovering between the Premier League and Championship. The ones that are more likely to get promoted are likely to be against some of the proposals. They are in receipt of parachute payments. It is a big factor to consider here.
“Those parachute payments are worth £90million over three seasons. It is clear why these clubs, the 5 per cent, are against it. They have vested interest. They want to hang on to that money.
“We don’t know exactly who the 5 per cent are but straight away you look at those in receipt of parachute payments. The parachute payments are on the table being looked at for redistribution.
“I think it is the right move but those clubs who are in receipt of them are going, ‘If we get relegated we need that money.'”