Premier League agrees £1.5bn funding deal with English Football League

Published Jul 30, 01:35 PM UTC

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Premier League clubs have unanimously agreed to a new long-term funding proposal for the English Football League (EFL), potentially worth £1.5 billion over the next decade. The agreement, reached on Thursday, follows stalled talks in 2024 and the establishment of the Independent Football Regulator (IFR). The EFL will now review the formal proposal with its 72 member clubs. The deal may include an increased transfer levy, with top-flight contributions proportional to club earnings. The IFR, which has powers to impose a solution if parties fail to agree, declined to comment. An EFL spokesperson confirmed constructive discussions with the Premier League and IFR in recent months and said the board will assess the proposal's benefits and implications before further dialogue.

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City AMWestern

Original headline: Premier League agree EFL funding deal which could be worth £1.5bn

Original language: EN-GB

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Premier League Unanimously Agrees £1.5 Billion Funding Deal with EFL

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