Back to the Premier League Newsfeed

Premier League keep chance to bail out League One and Two clubs alive by maintaining that £50m rescue package shunned by EFL this week is still on the table

The Premier League has said that its £50million rescue package to League One and League Two clubs remains available.

The EFL rejected the offer, designed to assist clubs affected by the coronavirus pandemic and made up of grants and interest-free loans, after divisional meetings with its clubs on Thursday.

In a statement, the Premier League added that 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 claim theiru00a0u00a350m aid to League One and League Two clubs is still available

The Premier League claim their £50m aid to League One and League Two clubs is still available

The EFL rejected the rescue packageu00a0designed to assist clubs affected by the global pandemic

The EFL rejected the rescue package designed to assist clubs affected by the global pandemic

The EFL's statement described the Premier League's offer as 'conditional', but the Premier League's position is that the sole condition is that a club must prove it will soon go out of business because of the pandemic to access the grants and loans.