Read on Twitter
Premier League Clubs say NO to ‘Project Big Picture’
A thread
https://sportelos.com/2020/10/25/premier-league-clubs-say-no-to-project-big-picture/
A thread
https://sportelos.com/2020/10/25/premier-league-clubs-say-no-to-project-big-picture/
The COVID-19 pandemic has brought much lower league clubs into financial difficulties. The plan was to provide a rescue package to these clubs for more power being handed over to the biggest clubs in top-flight. The plan proposed the following major changes:
- Reduction in the number of clubs playing in the Premier League from 20 to 18 and scrapping of league cup & community shield.
- A change in the way broadcasting revenue is distributed by providing a greater share to the English Football League (EFL).
- A change in the way broadcasting revenue is distributed by providing a greater share to the English Football League (EFL).
- Onetime £250 million rescue package for EFL, and a one-off £100 million gift to the Football Association(FA) to be used for National leagues, Grassroots and Women’s game.
- 25% of Premier League annual revenue to go to EFL clubs with the scrapping of Parachute payments(money given to clubs when they are relegated).
- Funding for setting up a women’s league independent of the FA and Premier League.
- Funding for setting up a women’s league independent of the FA and Premier League.
- A cap of £20 on tickets to away games in the Premier League & subsidized travel for the supporters.
- Nine Premier League clubs (Liverpool, Manchester United, Arsenal, Chelsea, Manchester City, Everton, Tottenham Hotspur, West Ham United, Southampton) to be given special power over rule changes, broadcasting rights, and club takeovers.
This thread can be read here: https://sportelos.com/2020/10/25/premier-league-clubs-say-no-to-project-big-picture/