THE EFL have expressed their frustration after claiming the government imposed restrictions on a loan to Championship clubs less than 24 hours before it was due to be paid.
Clubs were told on Thursday that the loan, worth over £100m, would not be paid on Friday.
The money was due to cover clubs’ outstanding tax bills, but a clause added would prevent players being offered improved deals.
The EFL had thought the clause would apply to directors and senior executives. However, players are regarded as ‘relevant individuals’ in the loan agreement.
“We are extremely disappointed by the development...
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