From BBC Sport · · 1m
Premier League pushes for EFL funding deal
Premier League aims to finalize funding agreement with EFL by end of year to avoid regulator intervention
In brief
Premier League aims to finalize funding agreement with EFL by end of year to avoid regulator intervention Premier League seeks to finalize a £1.8bn funding deal with EFL before regulator steps in Originally reported by BBC Sport.
Funding offer pending
Premier League presented a 10-year funding deal to EFL clubs last week, doubling solidarity payments to 72 clubs.
Regulator backstop
If EFL rejects the deal, the Independent Football Regulator could step in to enforce a solution.
Funding details
The £1.8bn offer would fund EFL clubs partly through increased Premier League transfer levy.
Carabao Cup impact
The deal requires scrapping the second leg of the Carabao Cup semi-final to prevent money misuse.
Parachute payments debate
EFL claims parachute payments distort competition and encourage reckless spending by clubs.
Government warning
Government warned Premier League and EFL in March 2024 that failure to agree would trigger regulator intervention.
The big picture
Premier League seeks to finalize a £1.8bn funding deal with EFL before regulator steps in
