The Premier League and EFL remain in talks over redistribution as both sides submit offers… but no deal has been reached with top-flight reluctant to agree to 25 per cent share of pooled broadcast revenue
- The Premier League and EFL are still locked in talks over redistribution offers
- It is understood that the top flight will not agree to a 25 per cent share of revenue
- Currently, the Premier League distributes £1.6bn across each three-year cycle
The Premier League and EFL remain locked in talks over redistribution – with offers and counter-offers made and received but no deal reached, Sportsmail has learned.
Ahead of next week’s publishing of the government’s White Paper on an independent regulator for football, discussions between the two competitions are ongoing.
And it can be now be disclosed that offers from both sides have been made, but an agreement remains elusive.
It is understood that the Premier League will not agree the 25 per cent share of pooled broadcast revenue being sought by the EFL.
Indeed, top flight chief executive Richard Masters has previously said it would be a ‘disaster’ to hand over a quarter of the revenue.
The Premier League and EFL remain locked in talks over redistribution of revenue shares
Currently, the Premier League distributes £1.6bn to the ‘wider game’ across each three-year broadcast cycle. That equates to around 16 per cent.
The EFL are seeking more – but 25 per cent is thought to be highly unlikely.
The regulator could act as a backstop, should the two be unable to come to an agreement. However, that prospect is not helped by the fact that it will take some time for the regulator to be set up.
Despite the EFL recently telling its clubs it has ‘virtually no leverage’ to achieve the new financial settlement it is seeking, which also includes merit-based payments across all four divisions and the abolition of parachute payments to clubs relegated from the top flight, they have turned down offers from the Premier League and raised counter offers, which have also been rejected.
Other elements aside from finance, such as the future of the calendar and global visa entry have formed part of the discussion and are also a source of contention.
Talks, which include the Football Association, are ongoing. Both the Premier League and EFL declined to comment.
The EFL are seeking a 25 per cent share of pooled broadcast revenue with the Premier League
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