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League One/Two agree £50m rescue package...

Discussion in 'Hull City' started by originallambrettaman, Nov 13, 2020.

  1. originallambrettaman

    originallambrettaman Mod Moderator
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    English Football League clubs have "agreed in principle" for clubs in League One and Two to receive a £50m short-term rescue package from the Premier League.

    EFL clubs had initially rejected the amount in October.

    The agreement comes two days after after a parliamentary committee heard that 10 EFL clubs are struggling to pay wages this month.

    The EFL said Thursday's discussions were "overwhelmingly positive".

    The league's statement continued: "Following a comprehensive debate in all three divisions, a collective agreement in principle was made to move forward and finalise the negotiations, with Championship clubs making it clear today that they wanted to ensure their colleagues in League One and League Two received the proposed £50m financial support package to cover gate losses for 2019-20 and 2020-21 as soon as is practically possible.

    "Championship clubs also acknowledged that discussions in respect of the levels of support they will receive will remain ongoing.

    "The EFL believes that today represents a significant step forward and is hopeful that a final agreement on the short-term rescue package across all three divisions can be reached imminently which will provide much needed support, clarity and certainty for all EFL clubs at a time when they need it most."
     
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  2. Mr Hatem

    Mr Hatem Well-Known Member

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    Just over a million quid for Ehab to stick in his back pocket.
     
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  3. Barchullona

    Barchullona Well-Known Member

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    Two weeks wages for some players.
     
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  4. John Ex Aberdeen now E.R.

    John Ex Aberdeen now E.R. Well-Known Member

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    Have they said whether it is loans or purely a gift, as we know it, not how the Allam interpret it?
     
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  5. Trumpton Tiger.

    Trumpton Tiger. Well-Known Member

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    Because, of course, his staff work for free.
     
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