Premier League set date for meeting on £900m EFL deal which impacts Preston, Stoke and Blackburn Rovers

Premier League clubs will look to agree a 'new deal' with the English Football League - in a meeting later this month.

The top flight clubs will meet on February 29, with the aim of sorting out a new funding package after a failure to do so in recent months. Premier League chief executive, Richard Masters said last month that 'relatively slim' but 'critically important' issues had led to a stall - with proposals having been swapped since the summer.

In 2023, an agreement for EFL clubs to receive 14.75% from a pool of domestic and international media revenues. Football League clubs would get that money over a six-year spell and provide a £900m funding boost for the EFL. One disagreement has been financial regulations in the Championship, with there said to be potential for a further meeting on March 11.

According to BBC Sport, 'sources at a Premier League shareholders' meeting in London earlier this month expressed increased confidence over a positive outcome'. The Football Governance Bill is due to go through Parliament in the next few weeks. And if the Premier League and EFL are unable to thrash out a deal, a new independent football regulator could impose one.