West Bromwich Albion face transfer market challenge – chairman Shilen Patel

“The challenge will be to operate within the league’s financial rules from the club’s current position.

“Championship clubs cannot lose more than £39m across three seasons. The club recorded an £11m loss for the 2022-23 season and will confirm another significant deficit for the 2023-24 campaign – our first without Premier League monies in 22 years.”

Albion were relegated from the top flight in 2021, since when they have finished 10th, ninth and fifth in the Championship table.

And Patel said that despite the financial constraints, they must find a way to “come back stronger next season”.