Premier League must help bail out EFL clubs, UK sports minister says

Premier League must help bail out EFL clubs, UK sports minister says

The Premier League in England must step up and provide financial support to the lower league clubs, Department for Digital, Culture, Media and Sport (DCMS) secretary Oliver Dowden said on Sunday.

English Football League (EFL) clubs —- in the lower tiers of English football league — have seen their revenues impacted by the COVID-19 pandemic

EFL clubs in the three tiers below the Premier League rely heavily on matchday revenue.

An estimated 200 million pounds (255 million dollars) in losses forecast if games are held behind closed doors all season.

The British government has postponed plans to allow a limited number of spectators back into stadiums from October after a second wave of COVID-19 infections.

In the wake of this, many clubs have said they may collapse if they do not receive a bailout.

“The first thing we need to look to is the Premier League and I’ve been in contact with them this week,” Dowden said.
“We’re all agreed the Premier League needs to step up to the plate and they’re having intensive discussions with the EFL over how they can support those clubs.

“They’re ready to play their part, the Prime Minister and I have been urging them to do that.

“The direction is clear… I’m in close consultation with them and I’m hopeful they will be able to reach a deal and provide that level of support.”

The Premier League said its members suffered 700 million pounds of losses last season after stadiums barred fans.

But the situation in the top tier is not as bad because the clubs enjoy lucrative television deals.

The idea of the Premier League helping out the lower division clubs has also been backed by a number of top flight managers.

These include Liverpool’s Juergen Klopp, Chelsea’s Frank Lampard and Sheffield United’s Chris Wilder.

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