Premier League aims for swift EFL funding agreement amid ongoing talks

The Premier League is focusing on finalizing a 'New Deal' with the EFL to significantly increase funding for the 72 EFL clubs. The proposed agreement includes raising solidarity payments by £163 million annually by the 2028-29 season and an immediate £81 million boost. Discussions at the top-flight clubs' shareholders' meeting on September 24 emphasized urgency in reaching a resolution. A looming report from the Independent Football Regulator may impact negotiations, though EFL clubs were cautioned that invoking regulatory measures could delay any new agreement. EFL clubs will provide feedback regarding the Premier League's proposal ahead of further meetings next month.

• 2:18 PMYahoo Sports — Premier League provide update on EFL talks over ‘long-term’ funding