Leeds United might be set to receive a cash boost from the Premier League with the government wanting them to “bale out” the EFL, according to Alan Nixon.
The Sun journalist claimed via his personal Twitter account on Wednesday that initially, the Premier League were happy to help the EFL but due to them potentially losing broadcast money, it will take a lot of negotiating for a sum to be agreed.
While it is not clear how much the government want the top-flight to hand to the EFL, Nixon reports that it will be a “large sum” that “would be a huge help”.
Government want Premier League clubs to bale out the EFL. Large sum. Prem were happy with that a few weeks ago. But potential TV money loss is giving them some pain. Will take a lot of baffling to get right sum before it’s handed over. Would be a huge help to EFL.
— Alan Nixon (@reluctantnicko) May 20, 2020
A number of EFL clubs have expressed concerns about their financial situation due to there being no matches played since early March.
However, most of those struggling clubs are in League One and League Two and Leeds are unlikely to need any financial hand-out from the EFL.
If the opportunity arises for the Whites to receive this financial windfall, should they accept it?
We don’t think they should, that money should be used for those who need it most and Leeds United are not one of those clubs as far as we know.
Although Leeds have had to impose wage deferrals in order to pay the wages of non-playing staff, there is no indication that the Championship leaders are struggling financially at this time.
Of course, Leeds have been hit in the pocket by there not being any matchday income since March and are likely to continue to suffer financial losses while matches are played behind closed doors.
But with the Whites close to winning automatic promotion to the Premier League and are very well run at boardroom level, they shouldn’t really be in contention to receive a handout from the EFL if the Premier League reach an agreement with their fellow governing body.
In other Leeds United news, this is who Leeds are likely to play first once football resumes.