Key facts
- The Premier League proposes to share an additional £1.5 billion with EFL clubs.
- The financial support is planned over the next decade.
- The deal includes a "lifeboat" fund for struggling clubs.
- Funds are also allocated for infrastructure investment.
- The proposal will be presented to the EFL board for consideration.
The Premier League has reached an agreement on a proposal that would see an additional £1.5 billion distributed to clubs in the English Football League (EFL) over the coming decade. This substantial financial commitment aims to provide much-needed support to clubs across the EFL structure. The proposed deal encompasses a "lifeboat" fund, specifically earmarked to assist clubs facing financial difficulties. Additionally, a portion of the funds is designated for investment in club infrastructure, suggesting a focus on long-term development and sustainability within the league system. The proposal will now be formally presented to the EFL board for their deliberation and decision-making process. Details regarding the exact distribution mechanisms and eligibility criteria for the "lifeboat" fund and infrastructure investments are expected to be outlined in the proposal submitted to the EFL board.