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Liverpool and Manchester United lead radical proposals for the reform of English football.
Under the proposals, the Premier League would be reduced to 18 teams, the EFL Cup in its current form would be abolished and the Community Shield would be eliminated.
Furthermore, the majority voting system for 14 top-flight clubs would change.
English Football League (EFL) President Rick Parry is believed to be in favor of the plans, first reported by the Daily Telegraph.
Liverpool owners Fenway Sports Group are understood to have presented the initial plan, which United co-chairman Joel Glazer has worked on. He is expected to receive backing from Arsenal, Chelsea, Manchester City and Tottenham Hotspur, the other members of England’s ‘big six’.
The idea is to address long-standing EFL concerns about the huge funding gap between its divisions and the Premier League by handing over more than 25% of annual revenue, although the current parachute payment system would be phased out.
There would be an initial payment of £ 250 million to address the existing crisis created by the coronavirus pandemic. In addition, the Football Association would receive what is described as a £ 100 million “gift”.
No date has been set for the proposed new-style league to go live, but sources have suggested that 2022-23 is not out of the question.
To drop from 20 to 18, four clubs are expected to be relegated directly, and two to be promoted from the Championship. In addition, there would be play-offs in which the team would finish 16th in the Premier League and third, fourth and fifth in the second division.
It is also planned that, in addition to the ‘big six’, the ever-present league member Everton, West Ham United and Southampton, ninth and eleventh respectively on the list of clubs that have participated in the most Premier League seasons. , they will receive special status.
If six of those nine clubs vote in favor of a proposal, it would be enough to pass it.
There is no mention of Aston Villa and Newcastle United, both of which have appeared in more Premier League campaigns than Manchester City.