Premier League and EFL agree £250m rescue package
Championship clubs will have access to a £200m pool of interest-free loan funds, while a £50m grant will be made available for those in League One and Two.
Loans to second-tier clubs will be capped at £8.33m and would have to be repaid by June 2024.
EFL chairman Rick Parry welcomed the resolution after lengthy discussions.
“Our over-arching aim throughout this process has been to ensure that all EFL clubs survive the financial impact of the pandemic,” he said.
“I am pleased that we have now reached a resolution on behalf of our clubs and as we have maintained throughout this will provide much-needed support and clarity following months of uncertainty.”
