{"id":573800,"date":"2020-12-03T17:54:47","date_gmt":"2020-12-03T22:54:47","guid":{"rendered":"https:\/\/lastwordonsports.com\/football\/?p=573800"},"modified":"2020-12-03T17:54:47","modified_gmt":"2020-12-03T22:54:47","slug":"premier-league-and-efl-agree-rescue-package","status":"publish","type":"post","link":"https:\/\/lastwordonsports.com\/football\/2020\/12\/03\/premier-league-and-efl-agree-rescue-package\/","title":{"rendered":"Premier League and EFL Agree Rescue Package"},"content":{"rendered":"<p><span data-preserver-spaces=\"true\">The<a href=\"https:\/\/lastwordonsports.com\/football\/category\/premier-league\/\" target=\"_self\"> Premier League<\/a> and the <a href=\"https:\/\/lastwordonsports.com\/football\/category\/league-football\/\" target=\"_self\">EFL<\/a> have <a href=\"https:\/\/twitter.com\/EFL_Comms\/status\/1334474968604811264\" target=\"_blank\" target=\"_blank\" rel=\"noopener noreferrer\">confirmed an agreement<\/a> on a rescue package of \u00a350 million for League One and Two clubs. The Premier League will also assist the EFL in securing a \u00a3200 million loan facility that Championship clubs will be able to utilise interest-free.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Premier League and EFL Agree on Rescue Package\u00a0<\/span><\/h2>\n<h3><span data-preserver-spaces=\"true\">Oliver Dowden Statement<\/span><\/h3>\n<p><span data-preserver-spaces=\"true\">Culture Secretary Oliver Dowden released a statement <a href=\"https:\/\/twitter.com\/danroan\/status\/1334479774727757827\" target=\"_blank\" target=\"_blank\" rel=\"noopener noreferrer\">saying<\/a>, &#8220;I warmly welcome this deal between the Premier League and the EFL which provides up to \u00a3250 million support to help clubs through Covid.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">&#8220;I&#8217;m glad that football has come together to agree this substantial package. Fans are starting to return and we look forward to building on this as soon as it&#8217;s safe.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">&#8220;With a \u00a3250 million support package for men&#8217;s elite football and \u00a3300 million government funding for Women&#8217;s football, the National League and other major spectator sports we have fuel in the tank to get clubs and sports through this.&#8221;<\/span><\/p>\n<h3><span data-preserver-spaces=\"true\">Relief for EFL Clubs\u00a0<\/span><\/h3>\n<p><span data-preserver-spaces=\"true\">The news will come as an immense relief for clubs in the EFL, who would have been concerned about their financial capabilities to survive. Now, though, with the agreement in place, those concerns should no longer arrive.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">With fans returning, too, the extra income from gate receipts will provide clubs with a major boost financially. Even if it is just 2,000 fans, the money made from that alone will allow many clubs that crucial financial breathing room.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">It has to be said that, if a deal between the EFL and the Premier League hadn&#8217;t been agreed, many clubs would have been facing the potential prospect of going bust. Fotunoutly, however, logic prevailed and a deal was so crucially and rightfully agreed for the rich of the top flight to help the poor within the EFL.\u00a0<\/span><\/p>\n<p>Main Photo<br \/>\n<a id=\"CqtnJ_aqRj1SOU8TzN_JwQ\" class=\"gie-single\" style=\"color: #a7a7a7; text-decoration: none; font-weight: normal !important; border: none; display: inline-block;\" href=\"http:\/\/www.gettyimages.co.uk\/detail\/1168455506\" target=\"_blank\" target=\"_blank\" rel=\"noopener noreferrer\">Embed from Getty Images<\/a><script>window.gie=window.gie||function(c){(gie.q=gie.q||[]).push(c)};gie(function(){gie.widgets.load({id:'CqtnJ_aqRj1SOU8TzN_JwQ',sig:'Ebl7m8uTjGZ2QozVfCtvD1n1w3A-MbEjNB5u82HNdIo=',w:'594px',h:'396px',items:'1168455506',caption: true ,tld:'co.uk',is360: false })});<\/script><script src='\/\/embed-cdn.gettyimages.com\/widgets.js' charset='utf-8' async><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Premier League and the EFL have confirmed an agreement on a rescue package of \u00a350 million for League One and Two clubs. The Premier League will also assist the EFL in securing a \u00a3200 million loan facility that Championship clubs will be able to utilise interest-free. Premier League and EFL Agree on Rescue Package\u00a0 [&hellip;]<\/p>\n","protected":false},"author":3402,"featured_media":573804,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","sfio_featured_image":false,"sfio_embed_code":"","_ef_editorial_meta_date_first-draft-date":"","_ef_editorial_meta_paragraph_assignment":"","_ef_editorial_meta_checkbox_needs-photo":"","_ef_editorial_meta_number_word-count":"","footnotes":""},"categories":[30,32,3,1],"tags":[5101,4882,168,657,827,136],"class_list":["post-573800","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-league-football","category-premier-league","category-uncategorized","tag-2020-2021-premier-league","tag-championhip","tag-efl","tag-efl-league-one","tag-efl-league-two","tag-world-football"],"modified_by":"Tom Cunningham, Editor","_links":{"self":[{"href":"https:\/\/lastwordonsports.com\/football\/wp-json\/wp\/v2\/posts\/573800","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lastwordonsports.com\/football\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lastwordonsports.com\/football\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lastwordonsports.com\/football\/wp-json\/wp\/v2\/users\/3402"}],"replies":[{"embeddable":true,"href":"https:\/\/lastwordonsports.com\/football\/wp-json\/wp\/v2\/comments?post=573800"}],"version-history":[{"count":0,"href":"https:\/\/lastwordonsports.com\/football\/wp-json\/wp\/v2\/posts\/573800\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lastwordonsports.com\/football\/wp-json\/wp\/v2\/media\/573804"}],"wp:attachment":[{"href":"https:\/\/lastwordonsports.com\/football\/wp-json\/wp\/v2\/media?parent=573800"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lastwordonsports.com\/football\/wp-json\/wp\/v2\/categories?post=573800"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lastwordonsports.com\/football\/wp-json\/wp\/v2\/tags?post=573800"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}