Albion boss Steve Coppell has called on the football authorities to dock points from clubs using administration as an escape route from financial trouble.
He believes such a punishment would make it fairer for those, like the Seagulls, living within their means.
Coppell's suggestion coincides with a reported bid by a posse of First Division teams, hit by the collapse of the ITV Digital deal, to deny promotion to Premiership-bound Leicester.
They believe the Foxes have benefited from an unfair advantage, as around £60 million of debt was written off when the takeover consortium led by Gary Lineker saved the club.
Coppell said: "I think a lot of clubs have taken advantage.
"From here on in without doubt the football authorities should introduce some kind of legislation so that teams don't gamble everything on being successful, find they are unsuccessful and then the only way out is to go into administration.
"It puts those clubs that are well run, that live within their budget and haven't gambled on signing players, at a huge disadvantage. It's almost as if the teams that take the ultimate gamble and lose aren't punished.
"They certainly aren't punished financially because they invariably go into administration and come out with similar or the same personnel at the helm.
"There should maybe be a points penalty for administration, as opposed to just the creditors with that particular club being knocked."
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