Premier League and EFL in secret talks to remove parachute payments

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  • Alternatives to be put to top-flight clubs for consideration
  • Crouch review calls for change but new ideas likely to be divisive

Secret talks between the Premier League and the EFL have been held to discuss removing the controversial parachute payments system, with alternatives set to be put to top-flight clubs for consideration.

Discussions have been ongoing throughout the Covid period about how better to organise financial redistribution. Whereas the EFL has targeted parachute payments as a major problem, the Premier League had remained defiant in support of the current system – citing the £1.5bn it transfers down the leagues over a three-year period.

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from Football | The Guardian https://www.theguardian.com/football/2021/nov/29/premier-league-and-efl-in-secret-talks-to-remove-parachute-payments

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