Premier League to Vote on £1.5 Billion 'New Deal' for Lower-League Clubs
English Premier League clubs are preparing to vote next week on a landmark ten-year agreement, known as the 'New Deal,' aimed at providing approximately £1.5 billion in additional funding to lower-league teams. The proposal, which has been discussed for over three years, includes increasing the Premier League transfer levy from 4% to 6% and a tiered payment plan starting in the 2026-27 season. Payments would begin below £100 million annually, rising to over £160 million. The deal also includes a gradual reduction of 'parachute payments' for relegated clubs, a £20 million 'lifeboat fund' for clubs in administration, and a requirement that 20% of funds be used for infrastructure. The Independent Football Regulator (IFR) has backstop powers to enforce a redistribution agreement if the leagues fail to reach consensus. The Premier League aims to finalize the deal by the end of August before the IFR's 'State of Football Report' is released. The resolution requires support from 14 of the 20 Premier League clubs to pass.
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