Premier League agree EFL funding deal which could be worth £1.5bnPremier League clubs have agreed for a new funding proposal to be put to the EFLPremier League clubs have agreed for a new funding proposal to be put to the EFL, which could be worth £1.5bn. The agreement was decided upon on Thursday and was unanimous, with the Premier League stating that the deal is “long-term”, according to PA. Sky Sports previously said the deal will cover the next decade. The EFL, which controls the professional pyramid below the top flight Premier League, will now discuss the proposals with its member clubs. “This follows constructive discussions involving the EFL, Premier League and Independent Football Regulator over recent months. Premier League votes for dealThere could also be an increase to a transfer levy, which is different to the 10 per cent levy on all Premier League transfers touted in the fan-led review chaired by former Conservative MP Dame Tracey Crouch in 2021.