Premier League’s derisory EFL bail out offer amid Project Big Picture proposal

The Premier League have offered just £25m to bail out the EFL.

That is what has driven EFL chairman Rick Parry to try and drive Project Big Picture to try and find a financial solution, according to Gillingham chairman Paul Scally.

Scally claims the EFL have no other option but to jump into bed with Liverpool and Manchester United because the Premier League are not doing enough to save them.

Parry believes the EFL needs to find a £250m bail out to save clubs from going bust because of the pandemic but also to find long term stability.

Premier League clubs spent £1.2 billion in the last transfer window but have baulked at having to bail out the EFL with clubs in League One and Two facing financial ruin.

But Scally said: “The Premier League haven’t come up with any ideas in the last six months. They’ve offered just £25m which wouldn’t get 24 clubs through six months. That’s all they’ve offered.

“It was dismissed out of hand. When you consider the clubs have just spent £1.2billion in the transfer window and they’ve offered £25m for the whole of the Premier League.

“If that’s all on offer then don’t blame Rick for trying to find solutions. It might not work. But at least we’re now talking about real numbers and not £25m.”

That figure will cause shockwaves throughout football and put a different look on the current furore surrounding Project Big Picture which has sparked civil war in English football.

The Premier League did advance a £125m solidarity payment to the EFL, they have also tried to engage with the EFL bosses and asked for detailed accounts, a breakdown of figures and yet those have not been forthcoming despite talks still going on.

Culture Secretary Oliver Dowden has waded into the row and ordered football to solve its own problems while also lambasting “backroom deals” and warned the Government could step in to oversee the governance of the game.

Scally added: “Oliver Dowden is very disappointing. He’s misguided and wrong. He should see it as the start of a process. This wasn’t shabby or behind closed doors, I’ve been privy to some of it and it just wasn’t ready to come out.

“Oliver Dowden has only listened to one side of the argument. He’s not looking at the whole picture. If you don’t see, as Culture Secretary, that the Championship needs a fix then you’re in the wrong job because you haven’t got a grip on it.”

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