“The commercial reality is that to teams outside the top six, such sponsors offer clubs twice as much financially as non-gambling companies,” he said.
The move is unlikely to affect clubs such as Newcastle United, who are backed by the riches of their Saudi-based owners and would seemingly have no trouble finding a company in the Arabian Gulf to fund their sponsorship deal.
But for teams such as Bournemouth, who earn £3.5m-a-year from their partners Dafabet, it might prove to be a struggle to find firms willing to invest similar sums to have their bands showcased.
Brentford, Fulham, Leeds United and Southampton are the other clubs that would need to find a new firm to top up their sponsorship income, with a host of Championship clubs also agreeing similar deals.