BREAKING NEWS: Prior to Premier League negotiations over a £900 million agreement, three top PL clubs has been issued warnings due to…
Premier League clubs have been told to make a deal for the EFL to stop football’s “inequality.”
Big names in football talked to Ministers on Thursday before an important Premier League meeting next Thursday. They will talk about a £900m deal to help other football teams. People think that the Football Governance Bill might come before the 20 top clubs can agree, but now there is more pressure to agree.
The group Fair Game wants them to agree to help all parts of football. Fair Game said to Mirror Sport: “The Premier League see the meeting as settling on the deal, and crucially how they are going to pay for it. Given the lack of agreement to date, the clubs are arguing amongst themselves about who loses out and who has to pay.”
They also said that when football makes money from TV, most of it goes to Premier League clubs. Only a little bit goes to smaller clubs. This is why some clubs are having big problems.
“Whatever the result of the meeting it will fail to even touch the edges of the financial problems facing so many hard-working community clubs. Only a strong independent regulator with powers over financial flow can properly save football’s fragile ecosystem.”
EFL chair Rick Parry says that without cash support huge numbers of their clubs will go out of business. The Premier League insist they are keen to do a deal and end the deadlock.
In January, Parry appeared at a DCMS hearing where he gave evidence to a committee in the light of efforts to reach a deal. The hearing came just days after a protest from fans of League One side Reading against the club’s owners saw a match abandoned.
“Our purpose is making clubs sustainable,” Parry told the committee in January. “That requires two things: a fairer system of distribution, redistribution which means more being given up and more coming down, substantially more.”
“We’d prefer the regulation was done within football but as long as it’s done fairly and with competence we don’t mind who does it. We can save the regulator a lot of time by pointing out that two thirds of our clubs are insolvent without redistribution so what is the regulator going to do?”
“Refuse to give them a licence? Put them out of business? We hope not. It would be odd to say just leave football to find a solution. It has to be the right solution. The clubs want a better future, they want a better system because they know the current system is broken.”
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