The Premier League has increased its financial offer to the English Football League (EFL) in an effort to avoid regulatory intervention by the newly established football Regulator. The top-tier competition initially proposed providing an additional £150 million annually on top of the existing £140 million payment to lower league clubs. However, during a recent meeting with Regulator chairman David Kogan, Premier League officials raised their offer to £180 million per year.

Despite this improvement, the offer remains below the EFL’s demand of £207 million annually. The EFL’s request reflects ongoing concerns about the financial sustainability and competitive balance within the English football pyramid. Kogan is expected to present the first draft of his “State of the Game” report soon, a development that has fueled optimism about the potential for a compromise.

The revised proposal is scheduled to be discussed during an upcoming meeting between EFL executives and club representatives. Under the terms of the offer, parachute payments made to clubs relegated from the Premier League would be retained but at a reduced rate. The increase of £30 million in annual payments over the previous proposal must still be ratified by a vote among Premier League clubs.

The discussions come amid broader efforts to stabilize finances across English football, with the Regulator poised to play a key role in ensuring the long-term health of the sport. Both parties appear engaged in finding a solution that addresses financial disparities while balancing the interests of clubs across different divisions.