EFL ON ITS OWN OVER PAY DEAL
THE Government has told the Premier League and EFL that it will not intervene in their negotiations over a new financial settlement despite Downing Street plans to introduce a football regulator. The EFL is asking for
25 per cent of the Premier League’s TV revenues as part of a so-called New Deal for Football that would also see parachute payments reduced, and had hoped that pressure from the Government would force the top-flight clubs into agreeing to their demands. However, Downing Street officials are understood to have made it clear that they will not get involved in the discussions, and have told both parties to reach a negotiated settlement. The focus of the new regulator is more likely to be on strengthening the owners and directors test and giving a greater say to fans.