I think the key thing here is to recognise that the problem isn't with the Premier League, it's with government inaction. Clubs owned by billionaires who've been used to having their own way for decades aren't going to act out of the goodness of their hearts.
1/ https://twitter.com/samcunningham/status/1310828368783388673

If they act at all, it will be as late as possible and on terms as favourable to them as possible. The "bailout" earlier in the year was an advance on TV money that, at current rates of interest, can have cost the league no more than a few tens of thousands of pounds.

The idea that they are going to provide grants of tens or hundreds of millions seems highly unlikely to me, regardless of what they could demand in return. If it's left to the PL any new bail out will be as little as possible as late as possible. It will likely do little more...

...than get teams through the winter. What is needed is something much larger - something to secure the future of the pyramid for the next few years, rather than a payday loan that will leave clubs in penury for decades. Granted, football generally and many clubs specifically...

...have done nothing to deserve it. They have behaved incredibly irresponsibly during the richest period in football's history. But what's the alternative? A chain reaction of clubs going under?

In the current economic climate, almost every business needs a bailout - the well-run and badly run alike. Ultimately, if football is to survive below the PL at anything more than a hand-to-mouth level, government is going to have to step in and either provide direct aid and/or..

compel the PL to share its riches more equitably. We can blame the PL all we want, but they are just doing what big businesses in any under-regulated sector do - look after themselves.

The government has no such excuse. Not least because, as I keep banging on about, they promised at rue last election £150m to help community assets like football clubs. They must discharge their responsibilities as a government and keep the promises they made to voters.