Rick Parry's job as EFL chairman is under threat amid concerns that his secret negotiations over Project Big Picture could cost the clubs a bailout from the Premier League.
At an EFL board meeting last week, it was revealed that seven clubs could go bust later this month if they do not receive a rescue package from the Premier League.
That bailout has been jeopardised by Parry's talks with Liverpool and Manchester United over a radical restructure of the top flight.
The Premier League launched a strongly-worded attack on Parry for endorsing proposals they described as 'damaging' on Sunday. In private, they have been even more scathing.
One Premier League source accused the organisation's former chief executive of failing to engage seriously in discussions over a bailout, despite his repeated public calls for £250million in financial aid to get the EFL's 72 clubs through the season.
The Premier League put that reluctance down to the fact that Parry was negotiating behind their backs with Liverpool and United.
The Premier League have indicated they are minded to provide a short-term bailout for clubs in League One and League Two, which could reach £50m in loans, but it is unclear whether they remain willing to deal with Parry.
As a result, many clubs are increasingly concerned and are likely to blame Parry if a bailout does not materialise.
Oldham and Southend, both in League Two, are among the clubs in imminent danger of going bust, but many others will struggle to pay their players later this month without any external assistance.
After solidarity payments and TV rights fees were advanced by the Premier League and EFL respectively, the clubs had sufficient funds to pay their players at the start of the season, but they were budgeting for fans being able to attend matches in limited numbers from the start of this month.
The return of spectators has been postponed indefinitely in light of rising Covid-19 infection rates, so the clubs are effectively operating without income.
Openminded
0
If You Needed Help Would You go To Someone Who Can Help you or You'd Rather Sit Helplessly Expecting Something like the Government To Work some magic???.... Manchester United and Liverpool are Both Offering to Help Yes,But it comes with a cost. Why don't ya'll understand that. Do you want them To Give The EFL free £250million ?? The lower clubs would struggle to survive under the current financial Crisis So they have no Choice but to Accept the proposal. Simple.
What if were united that were in the EFL would you have love for it to accepted?
Genesis_Blue
1
If You Needed Help Would You go To Someone Who Can Help you or You'd Rather Sit Helplessly Expecting Something like the Government To Work some magic???.... Manchester United and Liverpool are Both Offering to Help Yes,But it comes with a cost. Why don't ya'll understand that. Do you want them To Give The EFL free £250million ?? The lower clubs would struggle to survive under the current financial Crisis So they have no Choice but to Accept the proposal. Simple.
CR7AVEIROHD
3
Guys tell me one thing Jurgen Klopp looks like El Professor of Money Heist, isn't it? The only difference is Professor steals money but Klopp steals points to climb up of the table
FootballRealist
3
Well if AF get the story right, Man U and Liver supported the bail outs and was offering assistance. They the only clubs that was willing to support league 1-2. So people saying they are wanting to buy out clubs is BS. MU and LP know what these 2 leagues can bring to the EPL, without those leagues you won’t generate that money nor will there be any promotions and the EPL will not be as competitive as it is today. This also shows that they don’t want people to lose their jobs. The EPL on the other hand is only looking after themselves and not really supporting the clubs that are struggling. So to for me, big ups to MU And LP for trying to support future generations
sterick
2
this might cost a lot of people their jobs 😏😒
Cewceimot
1
Man United and Liverpool are being helpful here not destructive. They are even committed to helping other clubs.
Not being helpful they are taking advantage of financial crisis of efl teams by offering them money for total voting power of premier league
zubcknoz
5
Man United and Liverpool are being helpful here not destructive. They are even committed to helping other clubs.
kabuakweteyprosper
6
do u expect him to discuss that with teams like Fulham or Brighton and the rest who have nothing to offer financially?
Pukckors
4
Liverpool and man utd shame of you
abubakarilyasu
5
LIVERPOOL REACTION AFTER HEARING THIS NEWS:EFL chairman we need more explanation, we don't understand 🤕🙄🙄😂😂