Gary Neville hits out at Premier League over lack of new EFL funding agreement

Salford co-owner Gary Neville has accused the Premier League of negligence towards the rest of English football and branded the failure to agree a new funding deal for the EFL as an “absolute disgrace”.

Monday’s shareholders’ meeting in London ended without an offer being made as top flight clubs feel the priority is to thrash out a new financial system to replace the current profitability and sustainability rules (PSR).

A six-year deal granting the EFL 14.75 per cent of net media revenue with the Premier League – projected to be worth in the region of £900million – has been mooted but clubs are focused on getting their own house in order first.

“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,” the former Manchester United defender-turned-pundit told Sky Sports.

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

“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.

“That’s not good governance, it just demonstrates to me that they are not looking after the whole game like they should be.

“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.”

The Premier League, which earlier outlined its stance in a statement, made no comment when contacted by the PA news agency for a response to Neville’s remarks.

The Government has repeatedly said it wants the football authorities to agree a new financial settlement among themselves, but has warned that