Sunderland will receive only a “small amount” of an £83million-plus windfall from the Premier League as the EFL’s demands fall on deaf ears.
That is according to finance guru and Football Insider columnist Kieran Maguire, speaking exclusively after Watford sealed promotion to the top-flight last weekend.
They join Norwich in being automatically promoted the season after they were relegated from the Premier League.
That makes two years’ worth of their parachute payments redundant, putting £83m back in the Premier League’s pocket.
The EFL is set to demand a share of the sum, which could increase by £49m if Bournemouth are also promoted at the first time of asking.
But Maguire does not hold much hope that Sunderland will receive a meaningful slice of the £83m payout.
He told Football Insider correspondent Adam Williams: “My gut reaction is a small amount will filter back into the EFL. But we’re talking buttons.
“There’s not a lot of love between the Premier League and the EFL at present.
“The EFL have been quite critical about Premier League clubs and the Premier League as a whole.
“As far as the Premier League clubs are concerned, it’s their money to give away.
“I can understand the rationale behind the EFL demanding a cut. But I don’t think clubs like Sunderland will get much from this.”
Sunderland hope to gain promotion to Championship after three seasons in the third-tier.
They sealed a playoff spot after a 3-1 win over Plymouth on Saturday, ending a seven-match winless run in the process.