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The Guardian - UK

Sport

Paul MacInnes

Premier League agrees proposal to share an extra £1.5bn with EFL clubs

EFL EPL the Premier League

Premier League flags — The Premier League could raise the transfer levy to pay for the scheme. Photograph: Valerio Rosati/Alamy

The Premier League has agreed on a proposal to reset financial distribution within English football’s top four divisions, one that would lead to an extra £1.5bn being shared across the pyramid over the next decade.

Clubs voted unanimously to support the so-called “new deal for football” at a meeting on Thursday, after discussions with the EFL. The offer will now be presented to the EFL’s board for consideration.

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