West Brom may receive a significant financial boost as part of a historic distribution agreement that the Premier League is about to reveal.
On Wednesday, November 1, Sky News revealed that a £915 million “New Deal” for English football would be put to a vote later this month.
According to the agreement, the 72 EFL clubs would split that enormous amount over a six-year period if it passes as predicted.
EFL clubs are expected to receive a payment of £88 million in the first year, rising to £190 million in the 2028–2029 season, according to reports.
On November 1, former Birmingham Mail reporter Chris Lepkowski said on Twitter that it’s “a significant development” for EFL clubs. Last but not least, West Brom, who could use a little extra cash after going through their fair share of financial hardships. The situation behind the scenes is still quite unclear in front of the January window, even after a summer of selling important assets and subsisting on transfer scraps.
In September, The Telegraph revealed that discussions regarding Guochuan Lai’s removal as majority shareholder had taken place between American and Middle Eastern parties.
The Premier League’s “New Deal,” which includes a sizable payment guarantee, would undoubtedly encourage potential buyers to press for a takeover. Not only does this guarantee Lai’s employment at The Hawthorns, but it also guarantees West Brom’s financial stability. All we can do now is hope that the deal is approved at the shareholders’ meeting this month so that the Baggies can finally have some good off-the-field news.
