The Premier League donates the COVID season

The Premier League has announced that it will advance £125m to EFL and National League clubs, while a £20m donation has also been made to the todays soccer prediction page.

The league confirmed the news following a video conference call on Friday, where there was also an acknowledgement that it is unlikely football will resume in May and will only restart when it is safe lớn do so, in line with government advice.

In a statement, the Premier League said: "Discussions also took place regarding financial relief for clubs in the short term and while there is no single solution, measures are lớn be put in place to immediately deal with the impact of falling cash flow.

"Critically, the League unanimously voted to advance funds of £125 million to the EFL and National League as it is aware of the severe difficulties clubs throughout the football pyramid are suffering at this time."

They would go on to announce that they have also made significant funds available lớn the National Health Service during the current COVID-19 pandemic- According to the soccer today page!

"The League, clubs, players and managers express huge appreciation for the heroic efforts of NHS staff and all other key workers who are carrying out critical jobs in such difficult circumstances," the statement continued.

"In consultation with the Department for Digital, Culture, Media and Sport, the Premier League is immediately committing £20 million to support the NHS, communities, families and vulnerable groups during the COVID-19 pandemic.

"This includes a direct financial contribution to the NHS and funds lớn enable clubs lớn refocus their efforts and develop significant outreach programmes to help communities, including those most in need.

"This funding will enable both immediate and longer-term support during the crisis."

There have been calls for Premier League footballers lớn take pay cuts, including from health secretary Matt Hancock, with some clubs putting staff through the government's Coronavirus Job Retention Scheme.

However, the league added that all clubs will now consult their players regarding reductions during the league lockdown.

"In the face of substantial and continuing losses for the 2019/20 season since the suspension of matches began, and to protect employment throughout the professional game, Premier League clubs unanimously agreed to consult their players regarding a combination of conditional reductions and deferrals amounting to 30 per cent of total annual remuneration," the Premier League said.

"This guidance will be kept under constant review as circumstances change.

"The League will be in regular contact with the PFA, and the union will join a meeting which will be held tomorrow between the League, players and club representatives."

The Premier League and EFL were previously put on hold until April 30, but it has now been confirmed that both leagues are indefinitely suspended.