Premier League announces new funding for EFL and National League sides as Leeds United continue second season back

The Premier League has announced additional funding for clubs in EFL League One and Two, as well as the 66 clubs in the three National League divisions to help with their continued recovery from the COVID-19 pandemic.

Leeds United are in their second season back in the Premier League which has committed to a further £20 million for League One and Two clubs in the 2021/22 season, along with £5 million to National League and National League North and South clubs between now and 2025.

The new funding is in addition to the levels of financial support the Premier League already provides to the football pyramid.

The new cash injection also follows the Premier League’s provision of COVID-relief packages for EFL clubs, as well as funds to assist non-league clubs during the pandemic.

The Premier League say the support will provide targeted assistance for clubs that suffered significant loss of revenue while football was played without fans.

The new funding is part of the additional £100 million of investment the Premier League has committed to over the next four years to provide security and continuity to lower-league clubs, and help develop the game.

It forms part of the commitments to the Government following the Exclusion Order relating to the three-year renewal of the Premier League’s UK live and non-live broadcast deal with Sky Sports, BT Sport, Amazon Prime Video and BBC Sport.

Further announcements on financial support for other parts of the men’s and women’s pyramid will be made over the course of the season.

The Premier League's chief executive Richard Masters said: “We are delighted to be able to provide additional support to EFL and National League clubs at a time when the whole of football is looking to return to normality.

“This builds on our long-standing support for football at all levels and is part of additional funding we will provide to the wider pyramid and communities following the Government’s approval to renew our UK broadcast arrangements.

“We look forward to working with our football partners to provide more important financial assistance in areas where it is truly needed, which will continue to make a difference to those clubs impacted significantly by COVID-19.”

The new funding of £100 million will cover five key areas: support for the National League system; developing the women’s and girls’ game; enhancing community football facilities; supporting EFL clubs; and projects that help the wider game.

Sports Minister Nigel Huddleston said: “We took action earlier this year to secure the financial position of the Premier League by freezing the broadcasting rights to help weather the storm caused by the pandemic.

“It’s great to see the Premier League delivering on its £100 million commitment to support the wider football family with an initial £25 million down payment for this season for clubs in League One and Two and the National League.

“The Premier League has an important role to play in supporting the game beyond the top tier and this investment will have a positive impact in local communities, help grow the women's game and help unearth the next generation of talent.”

National League chairman Jack Pearce said: “The National League has been in regular discussion with the Premier League and other football organisations to discuss funding throughout the pyramid and this latest announcement is brilliant news for National League clubs.

“We welcome the additional funding which comes after the Premier League provided funds during the pandemic that were crucial to the livelihood of clubs. The impact of COVID-19 was particularly severe at this level of the game and this new investment is a timely boost that will aid clubs in their recovery and enable them to plan for the future.”

The Premier League also provides financial support for the youth development and community organisations of 92 Premier League and EFL clubs to deliver national programmes in schools and communities, as well as the 66 National League clubs to deliver community programmes.

Bolton Wanderers chairman Sharon Brittan said: "When I became Chairman in August 2019, my aim was to make Bolton Wanderers financially sustainable so that our supporters and the community of Bolton would have a club with an exciting future ahead.

"The impact of the COVID-19 pandemic adversely affected the income streams for many clubs, particularly in League One and League Two.

"Therefore, this extra funding from the Premier League will help many of the EFL clubs and, as a consequence, benefit the communities they represent.

"Here at the University of Bolton Stadium, this injection of additional revenue will allow us to move towards our ultimate goal of being a financially sustainable business while achieving success on the pitch."

https://www.yorkshireeveningpost.co.uk/sport/football/leeds-united/yorkshire-evening-post-launch-leeds-united-only-digital-subscription-ahead-premier-league-campaign-2967964

A message from the Editor:

Leeds has a fantastic story to tell - and the Yorkshire Evening Post has been rooted firmly at the heart of telling the stories of our city since 1890.

We believe in ourselves and hope you believe in us too. We need your support to help ensure we can continue to be at the heart of life in Leeds.

https://www.yorkshireeveningpost.co.uk/news/why-yorkshire-evening-post-needs-your-support-laura-collins-yep-editor-2913382

Subscribe to our website and enjoy unlimited access to local news and information online and on our app.

With a digital subscription, you can read more than 5 articles, see fewer ads, enjoy faster load times, and get access to exclusive newsletters and content.

Click here to subscribe.

For more details on our newspaper subscription offers click here.

Thank you Laura Collins