Soccer-EFL seeks £1 billion from Premier League over five years, Sky reports


Soccer Football - Premier League - Everton fans protest against Premier League points deduction - London, Britain - November 24, 2023 General view as Everton fans protest outside the Premier League's headquarters in London Action Images via Reuters/Matthew Childs

Sept 25 (Reuters) - ⁠The English Football League has asked ⁠for payment of £1 billion ($1.3 billion) over ‌five years from the Premier League amid ongoing negotiations for a new revenue-sharing deal ​in English football, Sky News ⁠reported on Friday.

Premier ⁠League clubs were told at a meeting ⁠on ‌Thursday that the EFL was seeking annual payments of £207 ⁠million over five years, the report ​added.

Media reports ‌said earlier this year that the ⁠Premier ​League had proposed paying £1.5 billion over 10 years, in addition to existing funding ⁠provided by the top ​flight.

An EFL spokesperson declined to comment on the matter, citing ongoing discussions. Reuters ⁠has contacted the Premier League for comment.

Media reports said that the Premier League paid around £137 million to the three ​lower leagues under ⁠the EFL umbrella last season, including the ​second-tier Championship, League ‌One and League Two.

($1 = ​0.7556 pounds)

(Reporting by Chiranjit Ojha in Purulia, IndiaEditing by Toby Davis)

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