Premier League's £1.
5bn Bid Raises Questions Over Financial Sustainability The English Football League (EFL) board has been in talks with the Premier League over a potential deal to avoid the 'backstop' agreement, which could have far reaching implications for the financial stability of smaller clubs in England.
The proposed deal is worth £1. 5 billion and would aim to prevent a situation where relegated teams struggle to afford their own stadiums and maintenance costs.