Date: 2nd July 2013 at 5:12pm
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Fresh from describing Albion as an overachieving mid table Championship side, Jeremy Peace has now blasted the Elite Player Performance Plan.

Many Championship and lower league side owners have already blasted the EPPP as giving Premiership sides an unfair advantage, and Peace initially thought that Category 1 status gave clubs better protection in keeping their young talent, but that isn’t the case.

After spending in the region of £2.5million to upgrade the facilities to gain the top status under the EPPP and ringfencing a further £2.5million a season in funding, our Chairman has said he will possibly reconsider our youth academy unless improvements are made to the scheme at the end of the season.

Speaking to the Birmingham Mail Peace explained that his biggest gripe with the new system is that a player has a set price for transfer compensation of £209,000 (not including development add ons such as appearances) which he feels makes the system loss making where we are basically just spending our money to develop talent for other clubs to pinch.

‘I thought originally with Category One clubs that they can’t poach from other category one clubs – but they can. So if that happens then it’s £209,000 per player while we’re running an overhead of £2.5million. On that basis we’re running at a loss and if four or five of those go then what’s the point? Why are we bothering?’

Peace says that this is a big year for EPPP and with flaws being found it needs to be looked at seriously next summer if it’s going to be practical.

‘Why are we spending £2.5million to be another club’s academy? We’ve invested in the infrastructure and we’ll see what happens, but from what we’re seeing so far it’s very disappointing. We’ve brought in a whole load of staff, all these facilities and then a club can come along with £200K and say ‘here you go, thank you very much’.

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