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Premier League statement - 16 October 2020

16 Oct 2020
Statement Graphic 2020 - Blue/Lilac

League confirms rescue package offered to League One and League Two clubs remains available

The Premier League can confirm the rescue package offered this week to League One and League Two clubs remains available.

This proposal, which consists of grants and interest-free loans totalling £50million, aims to ensure that no club will go out of business as a result of the financial impact of COVID-19, and all will be able to complete the 2020/21 season.

There are no conditions relating to promotion and relegation, setting the level of salary caps or loan deals, as is being claimed.

The Premier League has no intention whatsoever to cause divides and will engage with any EFL club, including those in the Championship, that is suffering severe financial losses due to the pandemic.

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