Thread by @KieranMaguire

DCMS report. Richard Masters of PL speaking first, says PL has advanced money due to EFL this season. Also confirmed £50m offer to L1 and L2. Chair of DCMS committee giving him pelters.

Masters says PL won't let any club go bust. DCMS chair describes PL approach as pitiful & that 10 clubs may struggle to make payroll this month.

Masters claiming no strings attached to £50m offer to L1 and L2 clubs other than standard loan terms.

DCMS chair asking if any conditions attached to loans to EFL, Masters waffling a bit.

DCMS chair asks Masters why PL used pandemic to leverage change in EFL.

DCMS asks what message the PL sends out spending £1.2bn in the transfer market. I guess he doesn't realise that some clubs are owned by overseas billionaires. Masters replies that £260m of the spend flowed to EFL clubs.

DCMS now asking RM why 19 clubs voted for the £14.95 PPV option recently

DCMS continuing to press on PPV, saying it encourages people to congregate in each other's houses. Ignores fact that government allowed fans to watch matches as hospitality lounges at stadia indoors but not on the terraces.

DCMS asks RM and then Rick Parry over separate L1 and L2 deal. RP saying L1 and L2 deal rejected as clubs wanted loyalty to Championship.

DCMS now pointing out that EFL owners in Championship worth over £30bn.

DCMS asking if owners of Stoke etc have asked to be left out of a bailout given their owners are so wealthy. RM said not an issue for PL to get. RP claiming that bailout should not be means tested.

RM now asked about BLM and taking the knee.

DCMS asks RM how many times have PL met the govt. RM says half a dozen personally plus daily contact via other PL staff.

DCMS asking RM how the offer to L1 and L2 clubs was made. RM says proposals were made to EFL board, not the clubs themselves.

DCMS asks why £250m was not offered to EFL clubs, and links it to Project Big Picture offer. RM points out that PBP was an advance that would be subtracted from future TV money.

DCMS now asking RM about PBP and if the PL has an alternative to it.

RM said he was not involved in PBP because it only dealt with a few PL clubs and he is responsible towards all 20. RM said that PL is accelerating its own strategic review.

RM says strategic review should be finished by March 2021.

DCMS asked how much PL made from return to football in June.

DCMS asks RP about solution. RP says that not keen on loans from PL, which is odd as he was so keen on the £250m advance from Project Big Picture, which is a loan that would be subtracted from future TV income.

DCMS now asking RM why he had a separate meeting with the 'Big Six' clubs

DCMS asking RP why he wants government bailout for EFL clubs.

DCMS asking RP about trying to use emotional blackmail over recent letters specifying Conservative won seats such as Mansfield and Carlisle potentially going bust. RP funnily enough didn't mention Macclesfield in his letter, the club kicked out of EFL recently & went bust

DCMS asks RP about state of pyramid. RP brings up issue of parachute payments, which is odd that the EFL has parachute payments itself between divisions and the National League.

DCMS asks RP about PBP. He says he was invited by Greg Clarke and some big clubs. RP asked if it was sneaky, RP says no as other clubs wouldn't come up with something sensible.

DCMS asks RP about distribution of football money. RP says it’s not done well. I wonder who received this £3m severance payout from Liverpool in 2009 as part of a total payment of £4.3m

DCMS asking RP about why there was such a hostile reaction to PBP. RP says it solves football's problems and a series of good ideas.

RP ignoring that PBP reduces the number of matches sold by the PL via reduction in PL size and clubs selling their own rights from international matches from present 380 matches to 162

DCMS asking RP about level of dependency on the gambling industry. RP says Sky Bet deal worth £40m and other deals significant too. Would be catastrophic if stopped immediately.

DCMS asks RM and RP about the amount of gambling advertising and dependency in the game. RP says he doesn't bet and that prohibition (which no one is suggesting) doesn't work. Both RM and RP now talking about 'balance' in terms of protecting consumers. gamblingnews.com/news/bookies-e…

DCMS asks RM how much money comes from matchday, TV etc. Alarming this isn't to hand. DCMS also asks RM about the extent of the involvement in strategy. RM says clubs talk to fans regularly, which may surprise Newcastle supporters #NUFC

DCMS asks RP about merits of fan ombudsman, RP says always keen to have openness. Seems odd given that EFL rejected Bird & Bird Jonathan Taylor QC report into EFL governance which recommended independent directors. newsandstar.co.uk/sport/18267430…

DCMS says it will write to both RM and RP every 7 days for evidence of communication into resolving differences between EFL and EPL. DCMS will publish those responses on social media.