A hell of a debate': row looms over Champions League elite's share of EFL deal payments
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A hell of a debate': row looms over Champions League elite's share of EFL deal payments
"We all want to do a deal with the EFL, but why should it be solely funded by the Premier League's TV money? If that's the case then a disproportionate burden will fall on the smaller clubs, who in effect will be funding their direct rivals in the EFL. There's going to be a hell of a debate about how this is funded."
"The Premier League's six clubs in the Champions League this season are poised to receive a combined total of more than 600m in broadcast income and prize money, with Manchester City, Liverpool, Arsenal, Chelsea and Tottenham having each banked more than 80m for reaching the last 16."
"Other European leagues have a levy on Uefa income as part of their redistribution mechanism, and we should do the same."
Negotiations for a New Deal for Football have stalled since mid-2023-24 season after the Premier League failed to secure club support for an £880m six-year funding package for lower divisions. The Independent Football Regulator has been tasked with reviving discussions and possesses authority to impose a settlement if agreement cannot be reached. Mid-ranking Premier League clubs are advocating for a levy on UEFA income from the league's top clubs to finance the deal. The six Premier League clubs competing in the Champions League are collectively receiving over £600m in broadcast income and prize money this season. Divisions persist within the Premier League regarding funding mechanisms, with smaller clubs concerned that relying solely on Premier League television revenue would disproportionately burden them while funding their direct rivals in the EFL.
Read at www.theguardian.com
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