Premier League clubs back proposed £1.5bn funding package for EFL

Premier League clubs have unanimously backed a proposal to provide an additional £1.5 billion to English Football League clubs over the next 10 years, setting up further negotiations over a new financial settlement across England’s top four divisions.

The plan, approved at a Premier League meeting on Thursday, July 30, 2026, would sit on top of existing distributions and include dedicated funding for clubs facing immediate financial distress and for infrastructure projects. The proposal must still be reviewed by the EFL board and is not yet a final agreement.

The Premier League said its clubs had unanimously approved a funded proposal for a strategic partnership with the EFL and that discussions would continue. The EFL described the talks as constructive but said its board would examine the offer’s benefits, implications and fit with the long-term interests of its 72 member clubs before further dialogue.

According to details reported by The Guardian, citing information first published by Sky News, Premier League clubs could finance the additional support by increasing the levy on top-flight transfers from 4% to 6%.

The proposal follows years of pressure for a larger share of top-flight revenue to reach clubs lower in the pyramid. Financial vulnerability among EFL teams became particularly visible during the COVID-19 pandemic, while England’s Independent Football Regulator now has backstop powers to impose a settlement if the leagues cannot agree one.

The unanimous Premier League vote marks progress, but the terms remain subject to EFL consideration and could change before any deal is concluded.