The Premier
League and the 20 clubs in the competition have rejected the 'Project
Big
Picture', Who was going to try to help the modest teams financially at the cost of giving more power to the big teams in the competition.
However, the two parties have agreed that it is necessary to “work together” on a strategic plan to sustain the finances of English football, and have approved an economic package of 50 million pounds (55 million euros) that will help football clubs. League
One Y League
Two, that is to say the Third and the Fourth division of English football.
“The clubs will work together in an open and transparent process, focusing on the structure, timing and financial sustainability of the competition. This project has the full support of the English federation and will include the union with all relevant entities, including fans, the British Government and the EFL ”, explained the Premier in a statement.
The economic package will be added to the 27.2 million pounds (30 million euros) that they have already contributed in solidarity due to the coronavirus.
In the last days the creation of the aforementioned Project
Big
Picture, for which 25% of the income of the Premier
League would go to the EFL (from the Second to the Fourth division), instead of the current 4%.
The number of clubs in the Premier would be reduced from 20 to 18
In addition, the number of clubs in the Premier would be reduced from 20 to 18 and the Cup
of
the
League and the Community
Shield (English Super Cup).
One of the most complicated issues in this project is giving power to the six most powerful clubs in the competition, that is, Manchester
City, Manchester
United, Chelsea, Liverpool, Tottenham
Hotspur Y Arsenal, so any decision that these six teams agreed could not be denied.
The controversy was sparked because, in addition, the president of the EFL, Rick
Parry, gave the go-ahead to the project, while, before the joint statement on Wednesday, several clubs expressed their disagreement.