EFL slams Premier League broadcast deal, wants end to parachute payments

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(Reuters) - The English Football League (EFL) has hit out at the Premier League after its renewal of domestic broadcast deals, saying it will continue to cause financial issues in the lower leagues of the football pyramid.

Premier League clubs skipped an auction and renewed their existing UK broadcast deals with Sky, BT and Amazon worth around 5 billion pounds for another three years until 2025.

An additional 100 million pounds in funding will go to teams in the lower leagues over the next four years but the EFL said the deal would"threaten the long-term viability" of the Championship, League One and League Two. "While we recognise the attempts by the government to increase the level of solidarity provided to League One and Two clubs ... what is more urgently required is a fundamental reset of the game's financial model."

Clubs relegated from the Premier League receive payments for up to three seasons to help them cope with the reduced income in the second-tier Championship, which has often helped them bounce back and gain promotion the following season.

 

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