sport news EFL secures £42M sponsorship of the league cup over seven years with Carabao

EFL secures £12M extension to Carabao sponsorship for the EFL Cup after the Thai energy drinks firm agreed to extend its support for the competition, despite the threat that an expanded Champions League could threaten its future

By Charlie Walker For Mailonline

Published: 15:40 BST, 24 June 2021 | Updated: 15:41 BST, 24 June 2021

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The EFL has extended its partnership with Carabao, which will see the Thai drinks firm continue to support the league cup until 2024 in a deal now worth £42 million.

The deal is a huge boost, and a tidy piece of business, for the EFL after a difficult 18 months caused by the coronavirus pandemic.

It also a clear statement of intent that the EFL will fight for the future of the Carabao Cup.

Manchester City lifted the Carabao Cup in front of 8,000 fans at Wembley in April

Clubs have raised concern over the long-term existence of the competition after UEFA declared its intention to dramatically expand the Champions League, a move many believe could squeeze the League Cup out of the football calendar.

The announcement on Thursday, confirms a two-year extension to current partnership, which is worth £6 million-a-year.

The link with Carabao, a Thai-based company, has provided the EFL with a platform to develop the