EFL Clubs Reject Premier League Support Package

  • October 15, 2020 | By Chris Mann
  • URL Short URL: http://b-ac.es/94d58

72 clubs from all three tiers of the EFL met on Thursday, where they decided to reject proposals for a £50million financial support package from the Premier League.

Under the terms of 'Project Big Picture', which had been quashed by top-flight members on Wednesday, the EFL had initially been promised a £250million emergency payout and 25% of all future television and media revenue.

With those proposals axed, alternative plans were put forward to teams competing in League One and League Two only but with Championship clubs excluded from any financial support, EFL members have come together to ensure nobody misses out.

A statement, posted at EFL.com, read: "EFL Clubs have today met by division to discuss the conditional offer put forward yesterday by the Premier League in respect to the financial support required as a result of the COVID-19 pandemic.

"The need for continued unity across the membership base was fundamental to discussions across all three divisions, and therefore there was a strong consensus that any rescue package must meet the requirements of all 72 Clubs before it can be considered in full.

"The League has been very clear in its discussions of the financial requirements needed to address lost gate receipts in 2019/20 and 2020/21, and while EFL Clubs are appreciative that a formal proposal has now been put forward, the conditional offer of £50million falls some way short of this.

"The EFL is keen to continue discussions with the Premier League to reach an agreeable solution that will address the short-term financial needs of all of our Clubs and allow us the ability to consider the longer-term economic issues in parallel that specifically look to achieve a more sustainable EFL for the future.

"There will be no further comment at this time."

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