Sunderland could bag 'significant' boost amid £100m-plus talks - Maguire

By Kieran Maguire

2nd May, 2022 | 11:06am

Kieran Maguire issues 'significant' Sunderland claim as £100m-plus talks underway

Sunderland will only receive a “signficant” benefit from enhanced EFL solidarity payments if they are in the Championship next season.

That is the view of finance guru Kieran Maguire, speaking exclusively to Football Insider about the money that filters down from the top flight.

The Times reported last Monday (25 April) that talks are underway to reassess the distribution of cash in the English football pyramid.

It is understood that the EFL could earn hundreds of millions more in solidarity payments under a new more equitable model.

Sunderland booked their place in the League One playoffs last Saturday (30 April) and are desperate to return to the second tier after four years away.

And Maguire claims that their league status will be critical in determining how much they benefit from the reallocation of cash.

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“Hundreds of millions divided by 72 is not necessarily significant,” he told Football Insider‘s Adam Williams.

“One area that has not been mentioned is the fact that Premier League club owners have voted in favour of an 80 to 12 to eight per cent split in the EFL.

“If Sunderland are in League One, we’re probably not talking about very much if they are only getting 12 per cent of the EFL pot.

“If they are in the Championship, however, they will benefit more significantly.”

Sunderland’s revenue for 2020-21 fell dramatically to £10.7m because of the impact of Covid and the absence of parachute payments.

The Black Cats host Sheffield Wednesday in the first leg of the playoff semi-final on Friday (6 May).

In other news, ex-Fifa official hits back at Alex Neil after Ross Stewart controversy at Sunderland.