Premier League and EFL financial relationship – how and why is it going to change?
2 years, 7 months ago

Premier League and EFL financial relationship – how and why is it going to change?

New York Times  

Additional reporting: Simon Hughes It is nine months since Tracey Crouch MP finally revealed her plan for British football. The Premier League’s own calculations say it paid £1.23billion to the EFL and wider football pyramid between 2019 and 2022, or £401million per season. “The danger that we have at the moment — and it’s a very stark danger — is that the EFL clubs stand still while the Premier League clubs move forward,” Tim Bridge, lead partner in the Sports Business Group at Deloitte, tells The Athletic. “Football clubs need to come together now more than ever to safeguard the finances of the game for the future.” The EFL has ultimately been left behind by the Premier League. “We got to this point because the Championship had become an arena for gambling — for owners to subsidise the opportunity,” Bridge says, “If you spent x million pounds extra per season, and spent that for three years, it gives you the best opportunity to get to the Premier League and getting a multiple-fold increase in your revenue and the chance to create a sustainable club that’s more valuable than it was before in the Championship.

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History of this topic

The Premier League’s financial rules are working – just not in the way you might think
2 months ago

The Premier League’s financial rules are working – just not in the way you might think

New York Times  

Alexander Isak’s value just keeps on rising. And for that, Newcastle might like to thank a set of rules many of their fans regard as a deliberate attempt to curb their ambitions: the Premier League’s catchily-titled, wildly unpopular profit and sustainability regulations. Three prolific years at Newcastle would convince either one of Europe’s old houses — Bayern Munich or Juventus …

Business of Football: Another Leicester loophole and is Wrexham’s European dream over (for now)?
2 months, 2 weeks ago

Business of Football: Another Leicester loophole and is Wrexham’s European dream over (for now)?

New York Times  

It could have been because it spanned a long weekend, or maybe it was the blur of Fantasy Football deadlines, but the period between Christmas and New Year’s Eve was particularly confusing this time around. Richard Masters, Premier League chief executive, could have more financial issues on his agenda next week That would knock the club’s loss threshold back to …

Where has all the money gone? Research shows the Premier League lost over £600m on transfer fees in the summer - and joined FIVE other top world leagues in ending the window with a negative net spend
6 months, 2 weeks ago

Where has all the money gone? Research shows the Premier League lost over £600m on transfer fees in the summer - and joined FIVE other top world leagues in ending the window with a negative net spend

Daily Mail  

Premier League teams splashed out in a number of high-profile deals in summer New research has shown that a number of major leagues lost money when it came to transfer expenditure over the summer, with the Premier League far out in front as the biggest spenders. It wasn't just the Premier League spending money, however, with the likes of the …

What is Premier League’s reportedly new spending cap and how is Man City involved?
11 months ago

What is Premier League’s reportedly new spending cap and how is Man City involved?

The Hindu  

Premier League clubs have reportedly agreed in principle to introduce a spending cap to limit the gap in financial muscle between sides at the top and bottom of the English top flight. The Athletic reported “the anchoring” plan will be capped at five times the lowest earning side receives via the Premier League’s broadcast deals. Critics of a cap on …

Premier League agree new financial fair play rules for next season
11 months, 2 weeks ago

Premier League agree new financial fair play rules for next season

New York Times  

Premier League clubs have unanimously agreed in principle to introduce new financial fair play regulations at a meeting in London on Thursday. The new system, which must still be fully ratified at the Premier League’s annual general meeting in June, will work as a shadow to the existing PSR regime next season. UEFA approved the squad cost ratio rule at …

Revealed: The TEN Premier League clubs who shot down the new £900m EFL deal... with top flight teams considering legal action if forced to pay the 'unpalatable' and 'unworkable' settlement
1 year ago

Revealed: The TEN Premier League clubs who shot down the new £900m EFL deal... with top flight teams considering legal action if forced to pay the 'unpalatable' and 'unworkable' settlement

Daily Mail  

The outfits are considering taking legal action should they be forced to pay A growing number of Premier League clubs are considering ditching football’s ‘New Deal’ – and taking legal action should a government regulator try to force them to pay. Ten Premier League clubs have rejected a financial settlement for the EFL worth £900million Jurgen Klopp's Liverpool and Mikel …

Premier League clubs to prioritise new financial system
1 year ago

Premier League clubs to prioritise new financial system

The Hindu  

The Premier League clubs agreed to prioritise their efforts around a new financial system, the league said on Monday, after no agreement was reached during shareholders’ meeting. “At a Premier League Shareholders’ meeting today clubs agreed to prioritise the swift development and implementation of a new League-wide financial system,” the league said in a statement. Premier League clubs today agreed …

Gary Neville hits out at Premier League over lack of new EFL funding agreement
1 year ago

Gary Neville hits out at Premier League over lack of new EFL funding agreement

The Independent  

Sign up to Miguel Delaney’s Reading the Game newsletter sent straight to your inbox for free Sign up to Miguel’s Delaney’s free weekly newsletter Sign up to Miguel’s Delaney’s free weekly newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Salford City co-owner Gary Neville has accused the …

Premier League January transfer spending falls 88%: Report
1 year, 1 month ago

Premier League January transfer spending falls 88%: Report

The Hindu  

Spending by English Premier League clubs fell by 715 million pounds in the January window compared with a year ago to the lowest level in three years, according to an analysis by Deloitte’s Sports Business Group. “After record breaking spending in the last three transfer windows, Premier League clubs’ spending this January has been subdued,” said Tim Bridge, lead partner …

Premier League and EFL chiefs to face questions on TV revenue deal progress
1 year, 2 months ago

Premier League and EFL chiefs to face questions on TV revenue deal progress

The Independent  

Sign up to Miguel Delaney’s Reading the Game newsletter sent straight to your inbox for free Sign up to Miguel’s Delaney’s free weekly newsletter Sign up to Miguel’s Delaney’s free weekly newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Premier League and EFL chiefs are set to …

Rishi Sunak says independent regulator can force Premier League to ‘fairly’ redistribute revenue
1 year, 2 months ago

Rishi Sunak says independent regulator can force Premier League to ‘fairly’ redistribute revenue

New York Times  

UK Prime Minister Rishi Sunak has restated his commitment to bringing in an independent regulator for English football who can force the Premier League to share more of its income with the rest of the professional game. Sunak was at a “PM Connect” question-and-answer session at Accrington Stanley’s Wham Stadium on Monday when the League Two club’s owner Andy Holt …

EFL chairman Rick Parry wants UK government to back plans for new Premier League wealth redistribution system
2 years, 1 month ago

EFL chairman Rick Parry wants UK government to back plans for new Premier League wealth redistribution system

New York Times  

English Football League chairman Rick Parry has called on the government to help the professional game fix a “broken system” by backing his plan for a radical shake-up of how the Premier League’s wealth is redistributed. Burnley are 11 points clear at the top of the Championship after being relegated last season Teams that only spend one year in the …

Analysing the Premier League’s record £815m January transfer spend
2 years, 1 month ago

Analysing the Premier League’s record £815m January transfer spend

New York Times  

If January is supposed to be the month of frugality and financial restraint, nobody’s told the Premier League clubs. “This window just underlines the Premier League’s power as the clear market leader in world football,” Dr Dan Plumley, a sports finance expert and lecturer at Sheffield Hallam University, tells The Athletic. “Premier League clubs are still €2billion ahead of the …

Premier League clubs agree to negotiate improved finance deal with EFL
2 years, 4 months ago

Premier League clubs agree to negotiate improved finance deal with EFL

The Independent  

Sign up to Miguel Delaney’s Reading the Game newsletter sent straight to your inbox for free Sign up to Miguel’s Delaney’s free weekly newsletter Sign up to Miguel’s Delaney’s free weekly newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. The PA news agency understands the ‘New Deal For Football’, which would …

MATT BARLOW: It's time to pension off the League Cup
2 years, 7 months ago

MATT BARLOW: It's time to pension off the League Cup

Daily Mail  

When Jurgen Klopp, Pep Guardiola and their Premier League cohorts mark out their run for the annual assault on fixture congestion, the EFL Cup prepares to take cover. Many Championship teams have been playing weakened sides in the competition, drawing fewer supporters NOT UP FOR THE CUP Fourteen Championship clubs came up against a lower-league side in the Carabao Cup …

Premier League 'is close to agreeing a new financial system to support the lower leagues'
2 years, 8 months ago

Premier League 'is close to agreeing a new financial system to support the lower leagues'

Daily Mail  

The Premier League is reportedly closer to agreeing a new financial system to support clubs in the lower leagues. The Premier League are making progress in working towards a deal which will change the way in how cash is distributed among the lower leagues and affect parachute payments Clubs relegated from the top-flight would receive lower parachute payments than the …

Premier League set to pay hundreds of millions more to lower leagues - 10% transfer levy not dead
2 years, 11 months ago

Premier League set to pay hundreds of millions more to lower leagues - 10% transfer levy not dead

Daily Mail  

The Premier League is now under intense pressure to increase its contribution to the EFL and lower leagues by hundreds of millions of pounds per year. Huddleston says he will give the regulator, which the government committed to yesterday, the power to impose a new financial settlement if the Premier League does not quickly do a 'satisfactory' deal with the …

English football’s great reform debate: A ‘good day for fans’ or a ‘kick in the teeth’ with frustrating delays
2 years, 11 months ago

English football’s great reform debate: A ‘good day for fans’ or a ‘kick in the teeth’ with frustrating delays

New York Times  

In the moments that followed sports minister Nigel Huddleston’s statement to the House of Commons yesterday, Tracey Crouch took to her feet from the back benches and called it a “good day for football fans”. Not only is the Premier League spending time “reviewing” its Owners’ & Directors’ Test, it plans to introduce “a number of measures” that will give …

Premier League clubs spend almost £300m in January transfer window
3 years, 1 month ago

Premier League clubs spend almost £300m in January transfer window

The Independent  

Sign up to Miguel Delaney’s Reading the Game newsletter sent straight to your inbox for free Sign up to Miguel’s Delaney’s free weekly newsletter Sign up to Miguel’s Delaney’s free weekly newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Premier League gross spending in January window" data-source="Deloitte"> The window two years …

Premier League and EFL still to commission advice over parachute payment row
3 years, 2 months ago

Premier League and EFL still to commission advice over parachute payment row

The Independent  

Sign up to Miguel Delaney’s Reading the Game newsletter sent straight to your inbox for free Sign up to Miguel’s Delaney’s free weekly newsletter Sign up to Miguel’s Delaney’s free weekly newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The Premier League and the EFL have not …

Premier League 'open' to regulator; Palace, Villa oppose
3 years, 4 months ago

Premier League 'open' to regulator; Palace, Villa oppose

The Hindu  

The chief executive of the Premier League, Richard Masters, says his organisation is "open" to the proposal for an independent regulator to take over key governing roles for football. Masters' comments on Friday came after two clubs Aston Villa and Crystal Palace warned that the UK government's plans to regulate the game risk damaging the success of the English league. …

EFL chair Rick Parry hopes review helps lead to a sustainable football pyramid
3 years, 4 months ago

EFL chair Rick Parry hopes review helps lead to a sustainable football pyramid

The Independent  

Sign up to Miguel Delaney’s Reading the Game newsletter sent straight to your inbox for free Sign up to Miguel’s Delaney’s free weekly newsletter Sign up to Miguel’s Delaney’s free weekly newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy English Football League chair Rick Parry hopes the …

Premier League and EFL no closer to agreement on financial distribution and parachute payments
3 years, 4 months ago

Premier League and EFL no closer to agreement on financial distribution and parachute payments

Daily Mail  

The Premier League and EFL are no closer to resolving key differences on how to share the wealth of the game with just a week before a major review of football governance is set to be published. Pundits Gary Neville, Gary Lineker and Jamie Carragher want a new regulator for football The Premier League currently shares approximately £250M in parachute …

Self interest of Premier League will destroy the EFL or force two to split, insists Accrington owner
3 years, 4 months ago

Self interest of Premier League will destroy the EFL or force two to split, insists Accrington owner

Daily Mail  

Andy Holt may not be a household name among fans of English football, and he is certainly not one of the inner circles around those who dominate the game, like the Glazers at Manchester United or John Henry at Liverpool. Accrington Stanley owner Andy Holt believes the Premier League is threatening the future of clubs throughout the EFL, as sides …

EFL to ask Premier League for £70m saved from parachute payments with Watford and Norwich promoted
3 years, 11 months ago

EFL to ask Premier League for £70m saved from parachute payments with Watford and Norwich promoted

Daily Mail  

The EFL is set to ask the Premier League for the tens of millions it has saved thanks to the promotions of Watford and Norwich City. Indeed, the figure remaining in the Premier League’s bank account could hit north of £100m should Bournemouth – the third relegated side – be promoted via the play-offs. The EFL is set to ask …

English second-tier club secure more than USD 160M in funding
3 years, 11 months ago

English second-tier club secure more than USD 160M in funding

The Hindu  

England's second-tier Championship secured a funding package worth more than USD 160 million that will enable club to meet their tax liabilities amid a downturn in revenues during the pandemic. There have been no spectators for matches in the division for the equivalent of a full season since the coronavirus outbreak, meaning clubs in the 24-team league have lost around …

English Football League secures $160M in funding for Championship clubs amid coronavirus-led financial crisis
3 years, 11 months ago

English Football League secures $160M in funding for Championship clubs amid coronavirus-led financial crisis

Firstpost  

England’s second-tier Championship secured a funding package worth more than $160 million on Monday that will enable clubs to meet their tax liabilities amid a downturn in revenues during the pandemic. There have been no spectators for matches in the division for the equivalent of a full season since the coronavirus outbreak, meaning clubs in the 24-team league have lost …

EFL clubs with a big fan base tell smaller rivals they need a larger share of the £250m bailout
4 years, 3 months ago

EFL clubs with a big fan base tell smaller rivals they need a larger share of the £250m bailout

Daily Mail  

Clubs in Leagues One and Two of the EFL have used a meeting of all 72 football league sides to push for a larger share of the £250m bailout package agreed with the Premier League than smaller rivals. However, those teams with larger fan bases used Thursday's meeting, in which clubs met virtually within their divisions, to ask for a …

Premier League and EFL accused of ‘lack of leadership’ by DCMS over financial bailout ‘fiasco’
4 years, 4 months ago

Premier League and EFL accused of ‘lack of leadership’ by DCMS over financial bailout ‘fiasco’

The Independent  

Sign up to Miguel Delaney’s Reading the Game newsletter sent straight to your inbox for free Sign up to Miguel’s Delaney’s free weekly newsletter Sign up to Miguel’s Delaney’s free weekly newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Premier League chief executive Richard Masters and English …

EFL Clubs Accept Premier League Rescue Package For League One And Two
4 years, 4 months ago

EFL Clubs Accept Premier League Rescue Package For League One And Two

News 18  

English Football League clubs on Thursday agreed for League One and League Two teams to receive the rescue package proposed by the Premier League in order to cover gate losses for the 2019-20 and 2020-21 seasons amid the COVID-19 pandemic. The EFL, which represents the three divisions below the Premier League, last month rejected a 50 million-pound offer from the …

Premier League committed to EFL rescue package despite resource crunch
4 years, 4 months ago

Premier League committed to EFL rescue package despite resource crunch

The Hindu  

Premier League Chief Executive Richard Masters has defended the organisation's current COVID-19 bail-out offer for English Football League teams, saying “scarce resources” among elite clubs is a reason for deadlock over the funding package. The EFL, which represents the three divisions below the Premier League, last month rejected a 50 million pounds offer from the top flight for League One …

Premier League, EFL to face panel over lack of COVID-19 rescue package
4 years, 4 months ago

Premier League, EFL to face panel over lack of COVID-19 rescue package

The Hindu  

England's football chiefs are set to face members of parliament next week to discuss why no agreement has been reached on a bail-out package for lower-tier clubs facing financial strain amid the COVID-19 pandemic. The English Football League, representing the three divisions below the Premier League, last month rejected a 50 million pounds offer from the top flight saying it …

Premier League, EFL to Face Panel Over Lack of Coronavirus Rescue Package
4 years, 4 months ago

Premier League, EFL to Face Panel Over Lack of Coronavirus Rescue Package

News 18  

England’s football chiefs are set to face members of parliament next week to discuss why no agreement has been reached on a bail-out package for lower-tier clubs facing financial strain amid the COVID-19 pandemic. The English Football League, representing the three divisions below the Premier League, last month rejected a 50 million pounds offer from the top flight saying it …

MATT BARLOW: The financial incentives are seductive but the EFL must not sell its soul
4 years, 5 months ago

MATT BARLOW: The financial incentives are seductive but the EFL must not sell its soul

Daily Mail  

Desperate times these may be — the pressure is on and the money is seductive — but what exactly are Steve Gibson and the Championship chairmen proposing to sell? The 72 clubs in tiers two, three and four will receive a rescue package worth £250 million and a promise of a quarter of future TV cash as part of the …

£150m bailout REJECTED by the EFL as Premier League's loan offer is derided as 'gun to the head'
4 years, 5 months ago

£150m bailout REJECTED by the EFL as Premier League's loan offer is derided as 'gun to the head'

Daily Mail  

The EFL have rejected the Premier League’s £150million rescue package because they do not accept the conditions attached to what is primarily a loan. Sportsmail can reveal the full details of the Premier League’s initial offer for the first time — a £40m grant and £110m loan contingent on the lower divisions giving top-flight clubs control of the calendar, their …

Government fears Premier League’s ‘Project Big Picture’ is a ‘power grab’ and stresses ‘now is not the time’ for fans to return to sport
4 years, 5 months ago

Government fears Premier League’s ‘Project Big Picture’ is a ‘power grab’ and stresses ‘now is not the time’ for fans to return to sport

The Independent  

Sign up to Miguel Delaney’s Reading the Game newsletter sent straight to your inbox for free Sign up to Miguel’s Delaney’s free weekly newsletter Sign up to Miguel’s Delaney’s free weekly newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Culture secretary Oliver Dowden fears ‘Project Big Picture’ …

Premier League Reform Plan Looks Like Power Grab, UK Minister Says
4 years, 5 months ago

Premier League Reform Plan Looks Like Power Grab, UK Minister Says

News 18  

The minister who oversees sport in Britain said on Monday he feared a plan by Liverpool and Manchester United to restructure the English Premier League was a power grab that could prompt a deeper look at the governance of the sport. The plan would see the Premier League commit to providing 25% of the league’s revenue to English Football League …

Premier League Critical of Liverpool and Manchester United-backed Proposals for Structure Change
4 years, 5 months ago

Premier League Critical of Liverpool and Manchester United-backed Proposals for Structure Change

News 18  

Proposals backed by Liverpool, Manchester United and the Football League for major changes to the structure of the Premier League were met with swift criticism from England’s top flight on Sunday. The plan would see the Premier League commit to providing 25 per cent of the league’s revenue to Football League clubs and also a 250 million pound package to …

Premier League, UK government critical of reform plan from top clubs
4 years, 5 months ago

Premier League, UK government critical of reform plan from top clubs

The Hindu  

Proposals from Liverpool, Manchester United and the Football League for major changes to the structure of the Premier League were met with swift criticism from England's top flight on Sunday and the UK government and fans. The plan would see the Premier League commit to providing 25% of the league's revenue to Football League clubs and a 250 million-pound rescue …

Breakaways, borrowing and bailouts: Solving English football’s cash crisis
4 years, 5 months ago

Breakaways, borrowing and bailouts: Solving English football’s cash crisis

New York Times  

My eldest asked me a question about his physics homework recently and it sparked an embarrassing five minutes during which it became clear that I might have the driving licence and a couple of credit cards but if knowledge is power, I’m on my way out. Furthermore, it has also been suggested that some Premier League clubs would like to …

Premier League transfers: How did clubs spend £1.2bn in a pandemic?
4 years, 5 months ago

Premier League transfers: How did clubs spend £1.2bn in a pandemic?

The Independent  

Sign up to Miguel Delaney’s Reading the Game newsletter sent straight to your inbox for free Sign up to Miguel’s Delaney’s free weekly newsletter Sign up to Miguel’s Delaney’s free weekly newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. It’s impossible not to think of the relatively paltry money saved on …

UK Sports Minister confident Premier League will help EFL clubs
4 years, 5 months ago

UK Sports Minister confident Premier League will help EFL clubs

The Hindu  

The British government is confident the Premier League will play its part in helping lower tier clubs survive the financial ravages of the COVID-19 pandemic, Minister for Sport Nigel Huddleston said on Wednesday. READ: European football review: Controversies and early upsets Clubs in the three tiers below the Premier League rely heavily on spectator attendance, with forecast losses of around …

Premier League asked by government to help struggling clubs - Football News - Sportstar
4 years, 6 months ago

Premier League asked by government to help struggling clubs - Football News - Sportstar

The Hindu  

The British government increased the pressure on the Premier League on Sunday to provide financial assistance for football clubs struggling financially in lower divisions, with supporters still not allowed into stadiums. Premier League clubs will hold a virtual meeting on Tuesday to discuss whether to provide further funds to the English Football League, which features 72 clubs across three divisions. …

Premier League asked by government to help clubs struggling financially in lower divisions
4 years, 6 months ago

Premier League asked by government to help clubs struggling financially in lower divisions

India TV News  

Premier League asked by government to help clubs struggling financially in lower divisions Premier League clubs will hold a virtual meeting on Tuesday to discuss whether to provide further funds to the English Football League, which features 72 clubs across three divisions. The British government increased the pressure on the Premier League on Sunday to provide financial assistance for football …

Government urge Premier League to 'step up to the plate' for struggling EFL clubs
4 years, 6 months ago

Government urge Premier League to 'step up to the plate' for struggling EFL clubs

Daily Mail  

Culture secretary Oliver Dowden has called for the Premier League to 'step up to the plate' and provide financial support for EFL clubs through the coronavirus crisis. Culture secretary Oliver Dowden has urged Premier League clubs to support EFL teams Dowden said that he expects a financial support deal to be finalised later this week 'The first thing we need …

Premier League clubs see duty to help struggling lower-level sides - Football News - Sportstar
4 years, 6 months ago

Premier League clubs see duty to help struggling lower-level sides - Football News - Sportstar

The Hindu  

Chelsea has spent more than any other English Premier League team in a summer transfer window at well over $300 million. "Now when the rate is going up and fans aren’t coming in, it’s even worse for football and society in general,” Manchester United manager Ole Gunnar Solskjaer said. and it’s not a nice situation to be in.” The English …

EFL considering bank loan to help clubs survive with at least SIX teams struggling to see out season
4 years, 7 months ago

EFL considering bank loan to help clubs survive with at least SIX teams struggling to see out season

Daily Mail  

The Football League are considering taking out a commercial loan to help some of their clubs survive the season due to doubts over whether the Premier League will provide the financial bailout that has been demanded by the Government. The EFL, led by chief Rick Parry, are considering taking out a commercial loan to help clubs The clubs lost a …

Premier League braced for tough financial year
4 years, 10 months ago

Premier League braced for tough financial year

The Hindu  

Hard-hit English clubs from outside the Premier League may want to look again at tie-ups with top-flight sides after the coronavirus period, a former Football Association chief has suggested. The English Football League also took a strong stance against the notion of B teams, at a time when it was suggested an extra tier could be added in a restructuring …

EFL prepares vote on radical shake-up for League One and League Two clubs on budgets and squad sizes
4 years, 10 months ago

EFL prepares vote on radical shake-up for League One and League Two clubs on budgets and squad sizes

The Telegraph  

League One and League Two clubs may be asked to vote on a series of radical changes to budgets and squad sizes as early as next week as the EFL looks to introduce tighter financial controls. More than 80 per cent of the 47 clubs in League One and League Two have returned surveys asking for their observations on key …

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