Wrexham, Cardiff City and Swansea learn full details as huge Premier League agreement nears

The details of the Premier League's deal with the English Football League have emerged after the new Independent Football Regulator said the game is “standing on the edge of financial disaster”. The IFR has told the top flight that they must reach an agreement with the EFL or face an intervention that will force them to find more money for the rest of the football pyramid. The State of the Game report found that 94 per cent of English football’s top 116 clubs - across the Premier League , EFL and National League - are loss-making.