S4A chair Leigh Kent seeks EFL clarity over West Brom PSR charge | OneFootball

Shareholders for Albion chair Leigh Kent has asked the EFL to clarify West Brom’s profit and sustainability charge.

According to ExpressAndStar.com, Albion face a hearing over an alleged PSR breach, believed to centre on interest from a loan with United States lender MSD Holdings taken in 2022 and 2023 under Guochuan Lai. The Championship club insist they are not in breach.

S4A represents minority shareholders, about eight per cent, with Shilen Patel’s Bilkul Football WBA now the majority owner. The group want answers.

Kent, who works in the legal industry, said he emailed the EFL, copying the Independent Football Regulator, raising sporting integrity and timing. He added the club could not discuss the substance with him yet.

He argued that, if the issue is as he suspects and all relevant matters are weighed, Albion would not be in breach. He outlined reasons and the sequence to the MSD loan, citing EFL and Premier League shortcomings that created the need for a significant part of it.

He said the matter is complex and that Albion have had advice from at least two sets of professionals.

Kent worked closely with the club during Lai’s spiralling tenure and the February 2024 rescue, when administration was understood to be a very real prospect. He also drew comparisons with Leicester and Sheffield Wednesday, bottom and second-bottom, adding Leicester are close to joining Wednesday in League One.

Source: ExpressAndStar.com