Premier League clubs have been forced to pay back £330millio

Premier League clubs have been forced to pay back £330million to broadcast partners as a result of the effects of COVID-19.

Equally, the EFL have been asked to pay a rebate by Sky Sports and a deal has been agreed at £10million, which is far less than originally feared, report The Telegraph.

There were initial concerns EFL clubs could be asked to return £42million and a result, the EFL feels they've struck a good deal for their clubs.

Deductions will be made each clubs' fee over the remaining three years of the contract signed between the EFL and Sky Sports two years ago.

That five-year deal was struck in 2018 and is worth £595million, with the 24 Championship clubs set to earn around £5 million annually from the deal with League One and League Two clubs taking much less.

In return for agreeing the rebate, Sky Sports will gain an additional ten live Championship matches for this current season, that restarts behind closed doors on June 20, taking its total to 30, which was outlined in the EFL's statement on Friday.

I wonder how that affects us as an EFL club with Premier League parachute payments?

I wonder how that affects us as an EFL club with Premier League parachute payments?

With regard to parachute payments I'd like to think it doesn't much, as we're not in the Premier League and are subject to a pre-arranged agreement after relegation; but the reality is everyone will have to take a hit as Championship members and we will have to accept that

The Premier League teams appear to have to have got away with it somewhat lightly, as £330m out of an annual season's fee of £1.65bn and equates to about £16.5m each for 20 clubs; not withstanding the variances of actual fees/winnings between the top and bottom clubs

I wonder how that affects us as an EFL club with Premier League parachute payments?

With regard to parachute payments I'd like to think it doesn't much, as we're not in the Premier League and are subject to a pre-arranged agreement after relegation; but the reality is everyone will have to take a hit as Championship members and we will have to accept that

The Premier League teams appear to have to have got away with it somewhat lightly, as £330m out of an annual season's fee of £1.65bn and equates to about £16.5m each for 20 clubs; not withstanding the variances of actual fees/winnings between the top and bottom clubs

Let's hope a pro-rata deduction is made from players pay packets.