salford city efl fund

Salford City FC is set to miss out on millions after a no agreement on an EFL fund deal in the latest meeting between Premier League clubs.

Salford are amongst the number of EFL clubs that are yet to be backed by funding from the Premier League.

The most recent shareholder meeting in London ended with Premier League clubs being unable to strike a funding deal agreement with EFL clubs.

The government has repeatedly stated it wants football authorities to find a financial settlement among them but has warned that a potential independent regulator could be imposed upon them.

salford city efl fund
Creator: James Boyes on Flickr

Co-owner of Salford Gary Neville has slammed the Premier League for negligence towards the rest of English football.

“The Premier League at this moment in time are negligent in their dismissive nature, just pushing it down the road, thinking ‘maybe a regulator will sort it, maybe we’ll sort it’ and not doing anything,” the former Manchester United and England defender told Sky Sports.

“I am more interested in the vote they didn’t have, which was to support the rest of the Football League which they keep bumping down the road and it’s an absolute disgrace,

“It is about the welfare of the game and the sustainability of the whole league.

“It angers me every time I see they have a Premier League meeting and seem to look after themselves but not look after the rest of football.”

Salford have recently announced they are seeking ‘strategic partners’ to explore and capitalise possible external investment opportunities for the club.

Danny Shepherd, founder of the Salford City podcast One Up Front told us: “If Premier League clubs are excessively profitable and there’s loads of money swirling around that isn’t being given to lower down the pyramid, then that does seem unfair because there are players that do make it from the lower divisions up to Premier League teams.

“It’s just to think that my club, if it was run by less wealthy individuals, may already be in receivership or bankruptcy or administration, that would be soul-destroying to me. Because I love the club, I go to every game I watch, every game I can’t get to online, do a podcast about it, and there’s loads of fan interaction with that.

“But that whole community that I’m part of and that I feed into, if that dies because a club doesn’t have the money to survive, and that was avoidable with help from maybe the Premier League or some kind of TV rights deal, then I think that’s a massive shame.”

The EFL declined to comment to PA but are expected to discuss the issue at a board meeting later in the week.

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