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Manchester United and Liverpool are the driving force behind the biggest changes in English football in a generation and an extraordinary overhaul of the Premier League, The Daily Telegraph can reveal.
The two clubs have worked together on a radical set of proposals, called the “Big Picture Project,” that will reshape the finances of the game. The Premier League, the world’s most lucrative sports league, would see a reduction to 18 teams and control power in the hands of the biggest clubs.
In exchange for breaking many of the rules that have governed the game since the inception of the Premier League in 1992, there will be a £ 250 million rescue package for the Football League to help them overcome the Covid crisis.
The Daily Telegraph may reveal the details of the working document “Revitalization” written by Liverpool’s US-owned Fenway Sports Group, with the support of United. The support of the rest of the members of the so-called big six, Manchester City, Arsenal, Chelsea and Tottenham Hotspur is anticipated.
In a remarkable set of proposals, which will send shockwaves throughout the game, 25 per cent of the Premier League’s annual revenue will go to EFL clubs with £ 250 million paid upfront to help them weather the crisis. current. There would also be a donation of £ 100 million to support the Football Association.
However, there would be an abolition of the one-club principle and one vote that has sustained the Premier League since its inception, as well as the abolition of the 14-vote threshold to pass any decision or regulation change.