Premier League and EFL consider ‘new proposals’ to settle financial dispute

The Premier League and EFL are considering new proposals to settle the dispute over financial distribution across the leagues, Sport Minister Nigel Huddleston has said.

The Times reported earlier this week that a “New Deal For Football” had garnered support from top-flight clubs at a shareholders’ meeting that included a reduction in parachute payments and the introduction of performance-based payments in the Sky Bet Championship.

The government has previously warned that if the leagues cannot agree on a course of action, it will include powers for an independent regulator to enforce a solution when it publishes a white paper in the autumn.

The leagues didn’t comment on the Times report, but asked if he felt they were getting closer to a solution, Huddleston said: “I don’t just understand the feeling – I had a meeting with them last a couple of weeks, and mine Knowledge now has new proposals on the table and I look forward to hearing from them very soon.

“I would hope they come to something that doesn’t need regulation.”

The EFL has consistently expressed its desire to secure 25 per cent of pooled media revenues going forward, which Premier League Chief Executive Richard Masters has said would be a disaster.

When the deal broke, the Fair Game group, which campaigns for more sustainable football, said the plans had “more holes than a slice of Swiss cheese”.

The group tweeted: “It shows a lack of respect for the hundreds of hard working community clubs that are the heart and soul of cities across the country. The pyramid is not the Premier League’s toy.”

Huddleston also acted to allay fears that the change in leadership in the Conservative Party, with Rishi Sunak and Liz Truss vying for prime minister, and the likely ensuing reshuffle could hamper progress towards introducing independent regulation in football.

“The fan-led review and policy recommendations have garnered broad support within the Conservative Party but (also) across the House of Commons. The intention is still to continue with them,” he said.

“Of course procedurally we always have to be aware that a new government comes in and Number 10 approves things, but I understand that both (leading) candidates still support that.”

https://www.independent.co.uk/sport/football/premier-league-efl-nigel-huddleston-richard-masters-premier-b2133225.html Premier League and EFL consider ‘new proposals’ to settle financial dispute

Fry Electronics Team

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