At its meeting on Thursday 17 May 2018, the EFL Board discussed the proposed sale of Wembley Stadium and the potential implications for the League and its 72 member clubs.
The Board were pleased to receive confirmation that the FA would undertake a period of stakeholder consultation with regard to both the proposed sale and, more importantly, how any proceeds would be distributed across the game.
The EFL Board holds the view that an appropriate proportion of the monies generated from a sale should be provided to EFL clubs to develop facilities for the benefit of the community engagement work undertaken at all levels.
The EFL has long recognised the need to improve facilities and playing surfaces in particular, in order to increase both participation and the coaching of those that have been identified as having talent.
The Board agreed that the sale of the National Stadium was a matter specifically for the FA Board to determine and acknowledged that there is not a prerequisite for the Governing Body to own a National Stadium.
A final position on all matters relating to the proposed sale would only be formed once the full details of any potential deal were disclosed and fully understood.