The Premier League made the offer on Wednesday, specifying the money was for the bottom two tiers, League One and League Two, and not for second-tier Championship clubs.
"The need for continued unity across the membership base was fundamental to discussions across all three divisions, and therefore there was a strong consensus that any rescue package must meet the requirements of all 72 Clubs before it can be considered in full," the EFL said in a statement. The offer from the Premier League was a combination of grants and interest-free loans aimed at helping clubs as they struggle with a lack of matchday revenue caused by restrictions due to COVID-19.
EFL chairman Rick Parry had been the public face of 'Project Big Picture', backed by Liverpool and Manchester United, which was rejected by Premier League clubs on Wednesday.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Premier League has obligation to lower clubs, says ArtetaLONDON (Reuters) - Premier League clubs have an obligation to protect those further down the English soccer pyramid, Arsenal manager Mikel Arteta said on Thursday, the day after top-flight clubs voted against Project Big Picture.
Source: staronline - 🏆 4. / 75 Read more »
English Premier League clubs debate radical reform plan | Malay MailLONDON, Oct 14 — Premier League clubs were set to debate radical plans to restructure English football at a shareholders’ meeting today as Culture Secretary Oliver Dowden acknowledged the proposals as “Project Power Grab”. The “Project Big Picture” plan, backed by Liverpool and...
Source: malaymail - 🏆 1. / 86 Read more »
Premier League clubs reject 'Project Big Picture' - reportsMANCHESTER, England (Reuters) - Premier League clubs have rejected plans put forward by Liverpool and Manchester United for radical changes to the league's structures and finances and instead set up their own review of the game, British media reports said on Wednesday.
Source: staronline - 🏆 4. / 75 Read more »
After Premier League ceasefire - wooing or war?MANCHESTER, England (Reuters) - Seventy-two hours after their radical plans for major changes in English football became public, the American owners of Liverpool and Manchester United were given a blunt reminder on Wednesday of the simple reality of the very power structure they have sought to overturn.
Source: staronline - 🏆 4. / 75 Read more »
Hasenhuettl says Project Big Picture would create boring Premier LeagueLONDON (Reuters) - Southampton manager Ralph Hasenhuettl says the Premier League would become boring and fairytales like Leicester City's 2015-16 title run would be impossible if 'Project Big Picture' came in.
Source: staronline - 🏆 4. / 75 Read more »
FA warns against breakaway as EFL clubs enthuse over proposalsMANCHESTER, England (Reuters) - English football's increasingly bitter row over plans to change the structure and financing of the game descended into threats and warnings ahead of Wednesday's crunch meeting of Premier League clubs.
Source: staronline - 🏆 4. / 75 Read more »