http://www.footballconference.co.uk/news/3638/Premier_League_Commits_%C2%A36m_of_.html
The Premier League today announced a solidarity package with the Football Conference worth £6m over the next three seasons.
Following the £1m payment made to the Football Conference in 2009/10 the Premier League has decided to provide funding for seasons 2010/11, 2011/12 and 2012/13 that will support all Football Conference clubs.
The funding will be split into general payments made to all sixty-eight Conference clubs and a separate club development fund which any Conference club can apply to for specific projects.
The funding will be structured in the following way:
£1.2m per season provided as funds to support all Football Conference clubs.
£800,000 per season committed to a new club development fund to which all Conference clubs can apply.
Premier League chief executive Richard Scudamore said: “The Premier League and our member clubs recognise the importance of the continued health of football outside the Football League and it is with this in mind that we have made this commitment to the Football Conference.
“In particular, we are extremely pleased to be working with the Football Conference to establish a new club development fund that will allow Conference clubs, all extremely important within their local communities, to invest more funds into local youth development and good cause initiatives.”
Football Conference chairman Brian Lee said: “This is a further wonderful gesture of friendship from the Premier League towards the Football Conference.
“The solidarity commitment for three years is most welcome whilst the new funding will allow our clubs to express themselves in a tangible form for the benefit of their communities. We accept the challenge with gratitude.”
That's including Blue Square North/South clubs. Good news for them could keep some clubs going I'd imagine.
Comments
Looks like the Premier League is fearing the beginning of a bit of a backlash after England's feeble efforts in SA and moving proactively to head it off...
It's guaranteed over a 3 year period too, so breaking down to around £2m a season - double what the Prem League contributed last year.
A fair slice makes up this Special Club Development Fund. It'll be interesting to see how applications are received and for what the money is distributed?
But I don't think the Prem League are obliged to do anything for non-league clubs.
So it's a positive gesture and a step in the right direction, building on that of previous seasons.
Yeah, shame they don't recognise it in the Football League unless you have just been relegated
Whether this is paid directly by Sky TV contract money or directly by the Premier LeagueI can't remember.
But I suppose it's considered to be the same.
It's obviously a step in the right direction and it's £29k a season more than nothing but each club ends up with around the same as Kieron Dyer earns in 3 days.
whoops sorry misread this thread somehow..
but I'd imagine that 29k is the equivilant as the gate receipts from about 10 home games for Welling, so fairly significient in that context.
True and obviously they don't actually have to give them anything, i just feel it's next to nothing really considering what the PL actually make.
What football club does actually make money though?
Not many, most run at a loss, we should try and copy the German way of doing it.