Frustration Mounts as Premier League Clubs Reject EFL Financial Support Deal

Cataleya

March 14, 2024 · 1 min read

Frustration Mounts as Premier League Clubs Reject EFL Financial Support Deal
FootBall | March 14, 2024
Crystal Palace is one of the two Premier League clubs accused of opposing the agreement to distribute additional funds to the EFL. (Image: Tony Obrien/Reuters)

The decision by Premier League clubs to reject a deal that would provide more financial support to the English Football League sparked frustration within the football community and at Westminster. Despite efforts by the government to broker an agreement, Premier League clubs failed to reach the required majority to approve the proposed £900m distribution to the EFL along with new financial controls for the top flight.

This outcome has prompted discussions about expediting the passage of the Football Governance Bill which includes provisions for an independent regulator for English football. Government sources indicate that if football authorities fail to reach an agreement the regulator will intervene.

Criticism has been directed at the Premier League for failing to fulfill promises of cooperation with lower leagues with accusations that some clubs including West Ham and Crystal Palace are hindering progress for their own interests. Charlton Athletic’s minority owner accused these clubs of prioritizing short-term gains over industry-wide cooperation.

Meanwhile, West Ham’s vice-chair Karren Brady received an apology for remarks made by Charlton’s representative.