Steve Lansdown believes the Championship needs a salary cap to secure the long-term security of the league as Bristol City, and a number of other clubs face difficult financial challenges and decisions over the coming years.
City posted record losses of £38.4million for the financial year ending 2021 with the pandemic and the collapse of the transfer market outside of the Premier League the chief reasons for the alarming size of the red number.
As a result, the Robins will struggle to make the EFL's Profit & Sustainability rules for next season, which will likely lead to a points deduction. Although Bristol Live understands talks between clubs and the governing body over potential reform continues.