EFL to receive 250 million pounds bailout package from Premier League


FILE PHOTO: Soccer Football - Premier League - Sheffield United v Brighton & Hove Albion - Bramall Lane, Sheffield, Britain - February 22, 2020 General view of the Premier League logo before the match REUTERS/Andrew Yates/

(Reuters) - The Premier League has reached an agreement with the English Football League (EFL) to provide a 250 million pounds ($336.13 million) bailout package for lower division clubs struggling financially due to the COVID-19 pandemic.

Premier League clubs gave their final approval to the agreement at a shareholders' meeting on Thursday.

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