English Football League (EFL) clubs have agreed to allow League One and League Two clubs to receive the initially proposed £50 million financial care package “as soon as is practically possible”.
Throughout negotiations, the EFL membership have only been interested in a rescue package that will provide support for all 72 clubs before it could be considered in full, after an initial offer was rejected that only offered financial aid to clubs in League One and League Two.
However, after a meeting was held yesterday, a collective agreement in principle was reached by Championship clubs that teams within the third and fourth division of English football should receive the proposed £50 million financial package to cover the gate losses from the 2019/20 and 2020/21 seasons as soon as is practically possible.
The Championship are still continuing with discussions regarding the levels of support that they will receive.
A statement from the EFL read: “today represents a significant step forward” and they remain “hopeful that a final agreement on the short-term rescue package across all three divisions can be reached imminently which will provide much needed support, clarity and certainty for all EFL Clubs at a time when they need it most.”
Additionally, the meeting led to the EFL setting out plans to contribute to the Premier League’s strategic review to consider the future structure of the English football pyramid.
Last month, Liverpool and Manchester United’s Project Big Picture plans were leaked that included proposals that would significantly shake-up the current operational strategies of English football.
Author: Jake Wilkin