Premier League provide update on EFL talks over ‘long-term’ funding
The Premier League has restated its desire to wrap up a ‘New Deal’ with the EFL as soon as possible, which would mean solidarity payments to the 72 EFL clubs more than doubling.The 10-year offer was presented to EFL clubs last week after discussions between the leagues at executive level.Documents show that it includes an undertaking to increase solidarity payments to the EFL by £163m a year by 2028-29, more than double the current estimate of £134m. The deal also pledges