Premier League clubs to vote on EFL funding deal
Premier League clubs are set to vote on a 1.5 billion pound funding deal for the English Football League.
The Full Story
A plain summary built from the channels that reported this story.
Premier League clubs are set to vote next week on a landmark 10-year deal worth around £1.5 billion in extra funding for the English Football League (EFL). The vote, scheduled for next Thursday, could end a long-running dispute over how the lower leagues are financed.
Sky News has obtained exclusive details of the latest version of the agreement, which has been the subject of on-off talks for more than three years. Under the proposals, the biggest revenue-earning Premier League clubs would pay the largest share of the additional funding. The deal also includes a proposal to increase the league's transfer levy from 4% to 6% of transfer fees.
Other key elements include a new £20 million lifeboat fund to support EFL clubs that fall into financial distress, and a gradual reduction over time in the parachute payments the Premier League gives to clubs when they are relegated to the Championship.
If the Premier League clubs approve the deal by the required majority, it will then be up to the EFL to decide whether to accept it. Sources close to the talks say reaching an agreement would be one of the most significant developments in English football since the Premier League was formed in the early 1990s.
However, if the EFL rejects the deal, it could pave the way for English football's new independent regulator to step in and impose a settlement on both the Premier League and the EFL. Intensive talks are expected in the coming days, and it is not yet certain that the Premier League will be able to put the deal to a vote next week.
On screen
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Key Claims
Claims reported during this story's coverage, mapped by channel. Ordered by how many channels carried each claim.
| Claim | Sky News |
|---|---|
| If the EFL rejects the deal, an independent regulator could impose a settlement. | |
| Premier League clubs will vote on a 10-year deal providing around £1.5 billion in additional funding to the EFL. | |
| The deal includes a £20 million lifeboat fund for EFL clubs and a gradual reduction in parachute payments. |
Channel Perspectives
What each channel focused on, with key quotes.
Sky News presented the story as an exclusive, emphasising the landmark nature of the deal and the high stakes involved. The tone was factual and detailed, focusing on the financial mechanics and the potential for a regulator to intervene if the deal fails. The channel also highlighted the long-running nature of the dispute and the significance of a possible agreement.
- “Sky News has obtained exclusive details of the latest version of the deal, which has been the subject of on-off discussions among English football's power brokers for over three years now.”
- “Now, I've learned that the Premier League is aiming to hold a vote of its 20 clubs, including newly crowned champions Arsenal and Manchester United next Thursday, which would involve them providing in the region of £1.5 billion of additional funding to the EFL over a 10-year period.”
- “And sources close to these talks say that reaching a deal would be among the most significant developments in English football since the Premier League was formed in the early 1990s.”
Broadcast Timeline
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