Representatives from clubs across the EFL will meet today to discuss a revised rescue package from the Premier League.

Clubs have been working for months in an attempt to secure much-needed funding to cover Covid-related losses.

An initial offer, which didn't include Championship sides, was rejected by the EFL - who stated that any bailout package must include all 72 EFL clubs and not just those in the third and fourth tier of English football.

Earlier this week, Premier League chief executive Richard Masters states that there will be no "blank cheque" to bail out the EFL.

"The Premier League has engaged and wants to seek resolution but there can't be a blank cheque or an underwriting of losses," Masters said while giving evidence at a Digital, Culture, Media and Sport Committee meeting.

"We believe our proposal is appropriate and goes to the heart of the problem and is in line with government policy on how it deals with other sectors.

"We believe we are stepping up and helping the pyramid of football, we have yet to reach an agreement with Rick [EFL chairman Rick Parry] but I am confident we can do that.

"I don't think our proposals are pitiful. We can make money available now to clubs that need it and we can work with the EFL to ensure that funds were going to the right places to ensure clubs don't suffer distress or get to the point of administration.

"We are huge supporters of the pyramid and understand its importance."

EFL chairman Rick Parry did emphasise his hopes that a deal with the Premier League can be agreed by the end of the month, at the same meeting.

Asked by Julian Knight MP whether that would be the case, Parry replied: "I think now we have a commitment that the Championship is going to be embraced we can move forwards. We sincerely hope so.

"We would very much like to come to a deal with the Premier League."