EFL rejects Premier League’s £50m rescue package
Written by on 15 October 2020
The English Football League has rejected the Premier League’s proposed GBP50m rescue package for League One and League Two clubs.
The Premier League offered grants and interest-free loans as part of the proposal – but no funds were made available for clubs in the Championship.
The chief executive of one Championship told Sky Sports News the bailout offer was “simply an attempt to create a divide between Championship clubs and those in Leagues One and Two”.
It is thought that in Thursday’s Championship meeting, clubs stopped short of dismissing the Premier League offer completely, but made it clear that all EFL clubs would need to be its beneficiaries.