Premier League’s COVID-19 bailout £50 million offer: EFL rejects!

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The English Football League rejects a £50 million ($65 million) COVID-19 bail-out proposal. The offer came from the top flight division

On Thursday, the rifts in the English soccer seems to be growing wider. This started after the lower-league clubs rejected a rescue package. Premier League offered the aid worth 50 million pounds. The lower-league clubs seek more cash. They demand it for all the 72 clubs. And without any conditions.

The Premier League clubs offered to give COVID-19 bailout cash on Wednesday. The packages were offered to only league one and league two. The rescue package did not include the championship clubs. 

United we stand, divided we reject

The EFL clubs have taken a different stand. The clubs maintained that they will only accept such a deal if it involves all. The EFL statement said that it is important to ensure a continued unity among members across all three divisions. It also indicated that all the 72 clubs members of the EFL should stay united, now. 

However, the body was not satisfied with a $65 million offer. It termed this as ‘some way short of expectations.’ The financial help from the top-flight division consisted of grants and loans with no interests. According to EFL, there is a room for further discussions with the Premier League clubs.

EFL: Open for discussion

The Premier League clubs have welcomed the idea of further talks. This indicated their offer remains on the table. Rick Parry, the EFL chairman has been quite loud and clear. He has tried to find ways to resolve the challenges. He is the man behind ‘Project Big Picture’. On Wednesday, the English Premier League clubs dismissed it. 

Parry proposed £250 million financial help to the EFL clubs by English Premier League. The Football Association, United Kingdom government and the Premier League clubs stand against. Manchester United and Liverpool were the only exceptions in favour.

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