The British media “Daily Telegraph” reported that the two Premier League giants, Manchester United and Liverpool, are promoting the “Project Big Picture” league reform plan, which includes the reduction of Premier League teams from 20 to 18, and the Premier League to the English Football League ( EFL, including the Champions League, League One and League Two) provides 250 million pounds of help funds.
The “Project Big Picture” league reform plan is a brand-new proposal jointly developed by Liverpool and Manchester United to reshape the financial situation of the league. In this proposal, the Premier League teams will be reduced to 18, and control will be held by the big clubs. 25% of the Premier League’s annual revenue will go to the English Football League, and will pay 250 million pounds in advance to solve their financial difficulties. In addition, the FA will also receive 100 million pounds of financial support.
According to the proposal, the League Cup and Community Shield games may be cancelled, and the English Champions League will generate two promotion places. The clubs ranked 3, 4, and 5 will play a playoff with the 16th Premier League team.
The proposal calls for immediate action to significantly reduce the huge difference in revenue from broadcast contracts between the Premier League and the English Football League. This new model of TV revenue distribution in the Premier League will not allow the top six clubs in the Premier League to have a larger distribution, but will eliminate the huge income gap between the Premier League and the English professional league. In return, Premier League clubs have more control over decision-making in the Premier League. Liverpool and Manchester United are now looking forward to the support of the other four teams in the Premier League BIG6 (Manchester City, Arsenal, Chelsea and Tottenham).
Subsequently, Premier League officials responded to this, saying that this proposal would cause a devastating blow to the Premier League. The Premier League official stated in the announcement: “British football is the most watched football in the world, full of vitality and competitiveness. In order to maintain the status of British football, it is most important for everyone to work together. The Premier League and the FA have an important role in the future development of the game. The discussion is very supportive, especially under the influence of the new crown epidemic. Football involves many stakeholders, so this work must be carried out through formal channels. The Premier League believes that the personal advice that is officially spread today may be devastating The Premier League has been cooperating sincerely with clubs and the English Football League to find a solution to the relief funds for the new crown epidemic, and is continuing to advance this work.”