The EFL has welcomed the £100m in extra funding promised as a result of the announcement of a continued Premier League TV rights deal but has warned action must be taken to ensure the gap between the Championship and Premier League does not further widen. It was announced earlier on Thursday that the Premier League has secured approval in principle for a three-year renewal of its TV rights deal with UK broadcast partners, including Sky Sports. Live EFL Monday 17th May 5:30pmBut the EFL is keen to ensure the long-term sustainability of clubs outside the Premier League, something it has stated in its response to the Premier League TV rights deal announcement. "Championship clubs in particular face impossible economic pressures, seeking to gain promotion to the Premier League, which has in turn led to untenable financial speculation and irrational behaviour. "It is therefore essential that these issues now get addressed urgently through the Premier League's strategic review and/or the Government's fan led review of football governance.

Source: Sky sports May 13, 2021 17:03 UTC