Premier League officials have a crucial few days ahead as they work to finalize a significant £836 million financial agreement, needing support from a minimum of 14 clubs. A new report from Sky News states that on Monday, March 11, all teams in England’s top football league, such as Manchester United and Manchester City, will be requested to agree to a modified version of a ‘New Deal’. This is happening shortly before legislation is released to create a regulatory body for English football. The Premier League is working quickly to finalize the funding and cost control aspects of the deal. Numerous previous iterations have been denied, but there is optimism that the most recent one will be showcased at the upcoming Premier League shareholder meeting, and then sent to the English Football League (EFL). The ‘New Deal’, developed in collaboration with the EFL, will feature suggestions for a higher levy on player transfers. The latest proposal, which has been accepted after previous rejections, involves an initial payment of £44m to the lower leagues, followed by another £44m in the coming months. Check out the Manchester United player ratings for their excellent performance against Everton, particularly from Bruno Fernandes and Alejandro Garnacho. The Manchester United players in the stands had the expected reaction to the moment involving Bruno Fernandes against Everton. The EFL would need to repay the total of £88 million over a period of six years. There are worries that the resolution may not be approved because it requires support from 14 clubs, and two clubs have reportedly already voiced their opposition.
