This Premier League Proposal Could Alter English Football Forever

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There's a new proposal that would offer short-term relief for clubs beneath the Premier League tier in England–while also consolidating power for a select few at the top. The Telegraph revealed an effort led by Manchester United and Liverpool and English Football League chief Rick Perry that proposes 25% of all future Premier League TV revenues be distributed to the EFL.

Under the proposal, parachute payments that go to teams relegated from the Premier League would be axed, while the top flight would shrink to 18 clubs. It would also shrink the voting power among Premier League teams so that only the nine longest-serving clubs have a say in future proposals and key decisions, as opposed to each club having a vote.