By Kieran Maguire

15th Nov, 2021 | 5:00pm

Kieran Maguire: Sunderland in line for '£3.5m-a-year' windfall after negotiations update

Sunderland could be in line for a £3.5million per year windfall if the Football League are successful in talks with the Premier League.

So says finance guru Kieran Maguire, speaking exclusively to Football Insider about the ongoing negotiations between the two organisations.

The EFL are demanding a £750m-year solidarity payments package from the Premier League, as per the Daily Mail on 12 November.

That is more than twice the £350m that clubs in the English football pyramid currently receive from the Premier League.

This season is Sunderland’s last in receipt of parachute payments following their back-to-back relegations in 2016-17 and 2017-18.

Parachute payments are one of several issues currently being addressed by the Government’s review into financial disparities in the English game.

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Tracey Crouch, a Conservative MP and former minister for sport, is expected to publish the review’s findings later this week.

Maguire explained how Sunderland would benefit from the EFL’s proposed changes.

“We have to look at the distribution throughout the EFL,” he told Football Insider correspondent Adam Williams.

“Clubs in the Championship currently receive about 80 per cent while clubs in League One only get 12 per cent.

“It would help clubs in League One because they currently get around £1.5m, but that could go to about £3.5m for clubs like Sunderland.

“But I think the big impact would be in the Championship. That is where the most radical change would be.

“But that in turn would further incentivise clubs to get out of League One and into the Championship.”

In other news, Kevin Phillips “worried” by what he’s heard at Sunderland about Ross Stewart injury.