It has now been revealed that the Premier League clubs have unanimously voted to approve a funding proposal for the EFL.
The 20 clubs having met on Thursday and put it to the vote.
An official Premier League statement then released.
That official release stating: ‘Premier League clubs today unanimously voted to approve a funded proposal for a new strategic partnership with the EFL. The long-term proposal, which would start in season 2026/27, will now be formally offered to the EFL for discussion with its clubs.’
The official statement going on to say: ‘The Premier League already has long-term funding commitments to invest a record £1.6billion every three years into the wider game and communities. The Premier League remains committed to finding a football-led solution and looks forward to continuing discussions with the EFL on progressing this proposal.’
This has been going on for a long time, the Premier League clubs trying to minimise how much they have to share with clubs in lower divisions.
Whether the EFL will find today’s proposal/agreement acceptable remains to be seen.
The pressure on the Premier League clubs has been increasingly ramped up with the appointment by the Government of an Independent Football Regulator.
The underlying threat is that if the Premier League clubs aren’t willing to give the EFL a fair share, then the Independent Football Regulator could potentially impose a deal.