Revealed: £170m moves from Leeds and West Brom feared by PL chiefs
Premier League chiefs fear Leeds United and West Brom bringing £170million lawsuits if the season is voided, Football Insider understands.
The potential for litigation from leading Championship clubs missing out on the vast broadcasting windfalls from the English top flight is a major consideration as ruling bodies prepare to meet this week.
A Premier League source has told Football Insider that there is an awareness of the massive financial repercussions for those missing out on promotion and the possibility of those clubs taking to the courts for financial compensation.
Promotion to the Premier League is worth a minimum £170million from increased broadcasting revenue as well as subsequent paracture payments.
Leeds and West Brom, who are well clear at the top of the Championship with nine match remaining, could make legal moves against the Premier League, as could third-placed Fulham and other teams in the promotion shake-up.
That possibility will be discussed later this week at an emergency meeting of the Premier League on Thursday.
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Separately, the EFL board will also meet to discuss the many ramifications of the suspension of top-level football in the UK as the global effects of the coronavirus obliterate sport.
Leeds chief executive Angus Kinnear made clear yesterday that it is his club’s preference for the Championship programme to be completed.
“From our perspective, we think it is vital that it is completed,” Kinnear told Sky Sports News. “I think there is a growing sense across the football family that that is the right thing to do.
In other Leeds United news, it can be REVEALED there is a key meeting as football chiefs reveal drastic promotion/relegation plan.