Key facts
- Premier League clubs voted unanimously to approve a deal with EFL clubs.
- The proposed deal is worth £1.5 billion.
- The funds will be shared over the next decade.
- The offer includes funds for clubs in crisis.
- The offer includes funds for infrastructure.
- The proposal will be presented to the EFL board for consideration.
Premier League clubs have unanimously voted to approve a significant financial proposal that would see an additional £1.5 billion shared with clubs in the English Football League (EFL) over the coming decade. This landmark offer is designed to provide substantial financial support to the EFL, encompassing funds specifically allocated for clubs experiencing financial crises. Furthermore, the proposed deal includes investment in infrastructure development across the EFL. The proposal will now be formally presented to the EFL board for their consideration and subsequent decision. This move signifies a major step towards greater financial solidarity between the top tier of English football and the leagues below it.