'We need a rescue package': Premier League told to help lower league clubs heading for £200m black hole as EFL chief Rick Parry calls parachute payments 'an evil that needs to be eradicated'

EFL chairman Rick Parry has pleaded for a rescue package from the Premier League with clubs crippled by the coronavirus crisis.

Speaking to the DCMS committee on Tuesday morning, Parry made the gravity of the situation crystal clear and called for long-term solutions, also branding parachute payments 'evil'.

On a video link, he said: 'We need a rescue package. We also need to address the longer term or we will back into problems in two or three years, they need to go hand in hand.

EFL chairman Rick Parry addressed the DCMS committee about the grave situation

'We’re heading for a £200million cash shortfall at the end of September, that is acute.