According to the Telegraph, arguably the two biggest clubs in English football, have been working together on a set or proposals that will rescue the EFL and also reshape the finances of the sport.
It is claimed that among the biggest changes will see the Premier League reduced to 18 teams, while a £250million rescue package will be immediately delivered to the Football League.
And there are plenty of other huge changes as part of the proposal, which has been called “Project Big Picture” and will be football’s biggest overhaul in a generation.
So, what has been discussed as part of the plan? Mirror Football takes a look…
Project Big Picture proposals include:
- To help EFL clubs who have lost matchday revenue during the coronavirus crisis, £250m will be immediately sent to compensate them.
- The nine-longest serving clubs will be given a special status when making major changes. And only six of those clubs will be required to give the green light; this includes amending rules and regulations, agreeing contracts and club ownerships.
- The Premier League will be reduced from 20 teams to 18.
- Two sides automatically relegated from the top-flight, while top two form the Championship are promoted. The club who finishes 16th in the Premier League will be put in a play-off with the third, fourth and fifth placed teams from the Championship.
The overall number of clubs in the professional game will be reduced from 92 to 90, with 24 clubs each competing in the Championship, League One and League Two.
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The League Cup and the Community Shield will be abolished.
Along with the £250m sent to the EFL, the FA will receive a one-off £100m payment to cover their coronavirus losses, as well as to help fund non-league, women’s and the grassroots structure.
The Premier League will spend 8.5 per cent of their annual revenue on operating costs and also “good causes” including the FA.
EFL clubs will receive 25 per cent of the combined Premier League and Football League revenues.
There will be a focus on stadium improvements across the top four divisions, will six per cent of Premier League gross revenues put to one side to help oversee this.
There will be a shake-up of the way Premier League television income, both overseas and domestic, is distributed.
Financial Fair Play regulations will be in line with UEFA.
A focus on the fans which includes away tickets capped at £20 and away travel subsidised. A return to safe standing is also in the pipeline, and a minimum away allocation of eight per cent capacity.
Pre-season friendlies will be giver greater scope, which would mean a later Premier League start in August. Clubs may also be required to take part in a Premier League tournament once every five years.
Clubs will be allowed to have 15 players out on loan domestically in a huge change to the system, while up to four at a single club in England will also be given the green light.