SportEvening StandardPremier League and EFL finally agree bailout package for clubs worth £250m
The Premier League have finally agreed a bailout deal with EFL clubs during the coronavirus pandemic worth a total of £250million, it was announced on Thursday. In a statement, the top-flight confirmed that a grant-based fund of £50m has been agreed for clubs in Leagues One and Two, while a £200m interest-free loan facility will be available to be used by those in the Championship. “Our over-arching aim throughout this process has been to ensure that all EFL clubs survive the financial impact of the pandemic,” said EFL chairman Rick Parry.
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SportPA Media: SportPremier League and EFL agree rescue package
The news follows months of negotiations between the two governing bodies.
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- Premier League and EFL agree rescue package
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Yahoo Sport UK
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