sport news Championship clubs increase amount they are permitted to lose over three years ... trends now
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Championship clubs have increased the amount they are permitted to lose over three years by £2.5m.
Mail Sport understands the move – which has raised eyebrows at Premier League sides – was voted through on Wednesday and will come into force next season.
It means second-tier clubs can now lose £41.5m across the reporting period as opposed to the current £39m.
League insiders say the rise is down to a surge in the cost of living. It also replaces a Covid ‘add back’, which drops off the reporting period next year.
They claim that the move has been made in the wake of vastly increased operational costs and staff wages.
However, sources at Premier League sides have expressed surprise given that the hike comes at a time when the EFL continues to seek a further payout from the top-flight amid the ongoing redistribution war.
Current Profit and Sustainability rules (P&S) dictate the £39m figure