Premier League clubs prepare to vote on £1.5bn EFL funding package
Yahoo Sports • 1 min read • Latest: Jul 25, 2026, 2:55 PM
Last updated Jul 25, 2026
Premier League clubs will conduct a crucial vote next week regarding a financial plan that could allocate £1.5 billion to English Football League clubs over the next decade. The proposal, known as the New Deal, aims to ensure a sustainable financial future for clubs. It includes increasing the Premier League’s transfer levy from 4% to 6% and introducing a sliding scale for funding distribution, starting at less than £100 million in the 2026/27 season. The plan also proposes to gradually reduce parachute payments for relegated clubs. If the proposal garners the necessary support from at least 14 clubs, it will be forwarded to the EFL, marking a significant change in football’s financial structure in England.
- •Vote scheduled for next week among Premier League clubs.
- •Proposal aims to distribute £1.5 billion to EFL clubs over a decade.
- •Increases transfer levy from 4% to 6% to fund EFL support.
- •Funding starts at less than £100 million in 2026/27 season.
- •Proposal includes plans to reduce parachute payments gradually.
- 8:25 PMYahoo Sports — Liverpool To Vote In Historic £1.5bn Deal
- 2:55 PMYahoo Sports — Premier League clubs set for crunch vote on £1.5bn EFL funding package
"Liverpool and Premier League Clubs Near Key Vote on £1.5bn EFL Funding PlanEnglish football has long sold itself as a single ecosystem, a vast and interdependent whole in which wealth at the summit s...
"Premier League clubs will vote next week on a financial agreement that could see around £1.5 billion distributed to English Football League clubs over the next decade, per Sky News.The proposal, know...
Sources
External links- Yahoo SportsJul 25, 2026, 8:25 PMLiverpool To Vote In Historic £1.5bn Deal
Liverpool and Premier League Clubs Near Key Vote on £1.5bn EFL Funding PlanEnglish football has long sold itself as a single ecosystem, a vast and interdependent whole in which wealth at the summit s...
- Yahoo SportsJul 25, 2026, 2:55 PMPremier League clubs set for crunch vote on £1.5bn EFL funding package
Premier League clubs will vote next week on a financial agreement that could see around £1.5 billion distributed to English Football League clubs over the next decade, per Sky News.The proposal, know...
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