Birmingham City receive warning as Knighthead presented with £1.5 billion proposal

Skip to main content Birmingham Live - Birmingham news, features, information and sport News What's On Black Country Villa More Search News Latest News Midlands News UK and World Property Business Motors Nostalgia Cost of Living Money Travel Celebs and TV Health Birmingham News Black Country Solihull Walsall Wolverhampton Dudley Sutton Coldfield Edgbaston West Bromwich Sandwell Tamworth Erdington Moseley Birmingham City Council Worcestershire News By Area Sport Villa Birmingham City Albion Wolves Football news Transfer News Warwickshire CCC What's On Food & Drink Things To Do Gigs and Clubs Shopping Family In Your AreaPartner Stories CLOSE Buy a Paper Funeral Notices Jobs Advertise with Us Newsletter signup Book an Ad Public Notices Buy a photo Search News Latest News Midlands News UK and World Property Business Motors Nostalgia Cost of Living Money Travel Celebs and TV Health Birmingham News Black Country Solihull Walsall Wolverhampton Dudley Sutton Coldfield Edgbaston West Bromwich Sandwell Tamworth Erdington Moseley Birmingham City Council Worcestershire News By Area Sport Villa Birmingham City Albion Wolves Football news Transfer News Warwickshire CCC What's On Food & Drink Things To Do Gigs and Clubs Shopping Family In Your Area Partner Stories Buy a Paper Funeral Notices Jobs Advertise with Us Newsletter signup Book an Ad Public Notices Buy a photo Sport Football Birmingham City FC Birmingham City receive warning as Knighthead presented with £1.5 billion proposal Details of the Premier League's proposal were presented to Blues last week A general view of St Andrew's @ Knighthead Park, Birmingham City's home stadium Comments Sport Jamie Gardner Press Association Chief Sports Reporter 10:36, 23 Sep 2026 Updated 11:33, 23 Sep 2026 EFL clubs, including Birmingham City, have been warned they could be kept waiting up to two years for a new financial settlement from the Premier League if they choose to trigger the Independent Football Regulator's 'backstop' powers. EFL executives are in ongoing talks with their counterparts in the top flight over a 'New Deal' for the English game. Documents seen by the Press Association – which remain subject to change as negotiations remain ongoing – indicate an increase in solidarity funding of more than £1.5billion over the next 10 years compared to current levels. Details of the Premier League's proposal, which was approved by its clubs in July, were presented to the 72 EFL clubs last week. Article continues below Knighthead receive plea for fresh investment amid big Birmingham City plans Kyogo Furuhashi's nightmare has continued since Birmingham City exit Within those documents came guidance around the timescales involved should EFL clubs ultimately decide not to accept the Premier League's offer and instead invoke the IFR's 'backstop' powers to impose a settlement. The EFL told its clubs that process could take between one and two years to reach a resolution and that the outcome was "difficult to predict". "That said, the IFR has very clear objectives in relation to sustainability," the presentation to clubs states. Both leagues will also be conscious of the expected publication next month of the regulator's 'State of the Game' review, which will provide a wide-ranging analysis of the financial health of the English game, including a view on the impact of parachute payments. The Premier League's current 'New Deal' proposal includes a commitment to reduce parachute payments to its relegated clubs by five per cent across six years, according to the documents. The offer also makes provision for changes to the cost control measures EFL clubs are subject to. Article continues below The deal includes a condition that 15 per cent of solidarity funds clubs receive be set aside for infrastructure projects, while it also makes provisions for the creation of a £20m 'lifeboat fund' for clubs that enter administration. It also foresees stronger partnership between the leagues on a number of issues, including an agreed position on the Saturday 3pm blackout, the structure of the Carabao Cup and the format of the EFL Trophy, which is now under new sponsorship with the American sandwich brand Jersey Mike's having agreed a five-year deal as title sponsor. EFL clubs are expected to gather again over the next fortnight for further discussions on the proposals. The EFL and the Premier League have been approached for comment. Article continues below Get YOUR Birmingham City Newsletter Get the most comprehensive news and analysis straight to your Inbox courtesy of the Birmingham Mail To get it, it's a quick and easy one-two: 1. Head THIS WAY 2. Enter your email and hit Subscribe. ENJOYED THIS STORY? Choose Birmingham Live as a 'Preferred Source' on Google News for quick access to the news you value. 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