Premier League clubs have been presented with a new offer to settle the issue of financial redistribution across the football pyramid, as the culture secretary warned it was in the interest of football to strike a deal before the arrival of the proposed independent regulator.
In what was described as a staging post meeting in London on Thursday, the league’s chief executive, Richard Masters, shared with representatives of its 20 clubs a potential offer to the EFL that would share more than £900m in increased funding across the pyramid over six years. No vote was taken – clubs will consider the proposal before a further meeting on 11 March.
