Premier League’s £250million EFL bailout branded a "fiasco" despite agreement

The Premier League’s £250m bailout package for the EFL has been branded a “fiasco.”

Julian Knight MP, chair of the Department for Digital, Culture, Media and Sport committee, is still fuming because he insisted the agreement should have been reached “months ago.”

The Premier League have finally agreed a £50m bail out for League One and Two clubs and a £200m loan facility for Championship clubs after months of ugly stand-offs and public rows.

Knight slammed the Premier League last month for not acting sooner and ordered the two bodies to come together and yet was still deeply critical after they finally reached agreement.

Knight said: “We welcome this news which offers a ray of hope to football fans, along with the limited return to stadiums. Our concern has always been for those lower league clubs at risk of survival.

“However, what’s most concerning is that this deal could have been reached several months ago and we share the frustration of fans that it has taken this long.

“We as have long pressed the Premier League and EFL to reach an agreement.

"It cannot be right that in the middle of a pandemic the government has been drawn into sorting out wrangles at the top of the game because football chiefs were incapable of doing it themselves. 

“This fiasco is evidence of a lack of accountability within football’s governance structure, demonstrating the urgent need for a review of how the business of football can be better managed in the interest of the clubs, fans and the nation.”

The Premier League stepped in after EFL clubs warned they would go bust because of the lack of fans with supporters now beginning to return under strict guidelines and according to the local Tier system.

However, clubs will order fans to sign a Code of Conduct agreement while the Premier League will urge fans to wear face masks at all times even when outside and tell them not to indulge in “excessive” singing and chanting.

The hope is that if clubs can prove they can get fans back in limited numbers and it goes well then they will begin to increase levels early next year, especially with the vaccine now due to be rolled out from next week.

Sign up for the Mirror Football newsletter here

Source: Read Full Article