The EFL are demanding that the Premier League convert their proposed rescue package from loans to a £50million grant to finally bring the tortuous negotiations over a bailout to a close.
The existing offer from the Premier League is for a £20m payment up front, plus a further £30m in loans to ensure clubs in League One and League Two can complete the season, while as MailOnline revealed yesterday separate negotiations are taking place over the top flight clubs providing a £200m loan to the Championship.
EFL chairman Rick Parry has insisted since May that the three divisions require £250m to off-set the loss of gate receipts this season, which has not been forthcoming from the Premier League until the last 48 hours.