The EFL have rejected the Premier League’s £150million rescue package because they do not accept the conditions attached to what is primarily a loan.
The offer of financial help, which was ordered by the Government to get football through the pandemic, is not a part of the Project Big Picture plan which has rocked the game.
Sportsmail can reveal the full details of the Premier League’s initial offer for the first time — a £40m grant and £110m loan contingent on the lower divisions giving top-flight clubs control of the calendar, their spending levels and post-Brexit work-permit arrangements, as well as scrapping the League Cup and accepting there will be no promotion from the Championship in the event of curtailment unless 75 per cent of fixtures have been completed.