Thursday, June 15, 2023

Premier Clubs Voting On Proposal To Give More Funding To Lower Leagues

Premier League clubs are voting on a proposal to give more funding to Lower Leagues.

It's thought the proposal is for an existing £100m tranche of money for grassroots, community and other football projects to be increased to as much as £133m, subject to future increases in Premier League revenue.

The initial £100m funding agreement between the Premier League and the government was struck during the pandemic, allowing the top flight to roll over its existing broadcast rights deal without a tender process.

If approved, the incremental cash will be allocated to the Premier League Stadium Fund, the Football Foundation, the National League and girls' football, according to a club executive.

Clubs are said to have until 5pm today to register their vote.