English football’s new deal, what the Premier League and EFL want as regulator deadline nears | OneFootball

English football remains without a New Deal for Football as the Independent Football Regulator’s clock ticks. The Premier League and EFL are poised to roll over the 2019 terms for an eighth year.

According to NY Times, IFR chair David Kogan has warned time is running out before a backstop could impose a settlement.

At present the Premier League shares around 10 per cent of central income with the EFL, largely through parachute and solidarity payments.

Parry wants pooled rights and 25 per cent for the EFL, steeper merit ladders and tighter cost controls, and the end of parachutes.

Top-flight clubs accept higher solidarity and merit rakes in principle and want the Championship to adopt squad cost ratio limits. They reject a jump to 25 per cent and maintain parachutes are needed.

No formal counter-offer has been tabled, though drafts discussed included 14.75 per cent of net media revenue, with 4.56 per cent reserved for financial stability payments topping up relegated clubs to £45m then £35m, plus an £88m sweetener. Talks then faltered without agreement.

The regulator’s draft state of the game report is due later this year, with a final text in early 2027. The prevailing view is parachutes will be deemed necessary but could be cut, for example a small year-one reduction, half in year two and no year three.

Source: NY Times