Rick Parry, EFL chair, wants Championship clubs to change their current financial restrictions, but the system will remain in place for next season. This comes ahead of the installation of an independent regulator.
Championship clubs, including Sunderland, are currently subject to Profit and Sustainability guidelines, which limit how much a club can lose over a three-year period. The rules are similar to those in the Premier League, but top-tier clubs have agreed to look into alternatives and are expected to introduce a system that limits how much clubs may spend on wages in relation to their entire revenue.
Parry expects the Championship to eventually adopt the same model as the rules in Leagues One and Two. However, it appears that they will not do so until at least the 2025/26 campaign.
“The position moving forward is that we want to be in alignment,” Parry told The Echo on Tuesday.
“We have squad cost ratios in League One and League Two; they’ve come in at UEFA level, and they’re likely to come in at Premier League level. It makes sense for the Championship to join in, and I believe the clubs will embrace it.
“One of the issues that we’ve had is that because everything has been delayed unnecessarily, it’s really up to us to decide what we do next season. It’s becoming late in the day for a wholesale change for next season, so the chances are that we’ll stick with the current rules, which I believe maintain our Premier League position. We will most likely see the change the next season, but the Championship clubs are meeting to debate exactly what they want to do, so it would be foolish to pre-empt it. But I would say that’s the likely, because we don’t want to rush into it and make mistakes, but that’s what I expect.
But I would say that’s the most likely outcome because we don’t want to rush into it and make mistakes, but that’s where I expect us to go.”
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