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There is no money available and fans want change at West Brom - but head coach Carlos Corberan is preaching positivity in pre-season Gregg Evans16 A report on club finances in English men’s football has provided a frank assessment of the state of play, finding that most clubs are “heavily reliant” on their owners to provide cash injections on a regular basis.
It adds that many sides owe other teams “significant amounts — resulting in a risk of a ‘house of cards’ systemic failure”.
The report comes from LCP, a leading business consultancy based in London which developed Transfer Lab — the player scouting tool used by clubs and agencies — in partnership with football data company Analytics FC.
It found that the. .. Luke Bosher240 West Bromwich Albion’s managing director, Mark Miles, says the beleaguered Championship club’s financial battles are an “ongoing challenge” and that further player sales are likely.
Dara O’Shea has been sold to Burnley for £7million to help cover day-to-day running costs, and other players will be sold if sufficient bids are received.
Efforts are being made to reduce the wage bill as the club prepare for the first season in 21 years without Premier League funding, via the money shared between top-flight clubs and parachute payments.
GO DEEPERChampionship clubs boosted by parachute. .. Gregg Evans24 Burnley have completed the signing of Republic of Ireland international Dara O’Shea from West Bromwich Albion.
The Athletic reported earlier this week that the club were in advanced talks over signing the 24-year-old defender.
He made 41 appearances in all competitions for West Brom last season and featured 28 times in the Premier League during the 2020-21 campaign.
“It feels great to be here and I really can’t wait to get going, ” he said upon the announcement. “Burnley were the outstanding team last season and they achieved exceptional things.
“I want to improve as a. .. Andy Jones5 Wrexham have been drawn at home to Wigan Athletic in the first round of the Carabao Cup.
Wrexham, promoted from the National League last season, will welcome a Wigan side who suffered relegation to League One last term at the Racecourse Ground in their first League Cup fixture since 2007.
Leeds United have been drawn at home to Shrewsbury Town, while Leicester City travel to Burton Albion.
In the southern side of the draw, Southampton will travel to Gillingham and there is an all-Championship tie between Queens Park Rangers and Norwich City.
The Carabao Cup first-round fixtures will be played. .. Ali Rampling7 The 2023-24 Championship fixtures have been released, with recently-relegated Southampton opening the 2023-24 season against newly-promoted Sheffield Wednesday on the first day of the campaign.
Leicester City return to life in the second tier with the visit of last season’s beaten play-off finalists Coventry City, while Leeds United welcome Cardiff City to Elland Road.
The first South Wales derby of the season takes place on September 16, with Cardiff hosting Swansea at the Cardiff City Stadium.
The first East Anglian derby since 2019 is set for Portman Road on December 16 as. .. The Athletic Staff3 The Premier League have announced changes to their under-21 league — here is what they are and the difference they will make Ed Mackey46 Burnley are in advanced talks with West Bromwich Albion over the proposed signing of Dara O’Shea.
The 24-year-old Republic of Ireland defender is set to undergo a medical later this week.
O’Shea’s West Brom contract runs until the summer of 2025.
He made 41 appearances in all competitions for West Brom last season and featured 28 times in the Premier League during the 2020-21 campaign. The defender missed the final two months of the 2022-23 season with a knee injury but returned to action for the Republic of Ireland during their Euro 2024 qualifying victory over Gibraltar. .. Andy Jones26 Advertisement Mc Clean has been a target for sectarian abuse for more than a decade - yet very little is said or done about it Oliver Kay740 They have helped fund AFC Wimbledon’s home and Norwich City’s academy - but are football club bond schemes worth the risk for supporters? Philip Buckingham and Michael Bailey15