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myfooty Posted on 14/10/2020 15:31
Edited On: 14/10/2020 16:42Project Big Picture is a front for what is coming next.
Any ideas what that might be?

Because something tells me that we should not trust the driving forces behind this proposals. When have these people every done anything that is not in they own best interests.

The driving forces behind these proposals are Rick Parry the current chairman of the EFL(note he is also the former chief executive of Liverpool, the original CEO of the Premier League and a board member at New York Cosmos.) alongside him are the Liverpool owner, John W Henry, and the Manchester United chairman, Joel Glazer.

Why should we trust the wannabe guardians of the English Football League System when it has been reported those behind these proposals are threatening to break away if their demands are not met.

The plans include:

£250 million immediately to the EFL to compensate its clubs for lost matchday revenue, deducted from future television revenue earnings and financed by a loan taken out by the Premier League.

Special status for the nine longest serving clubs – and the vote of only six of those “long-term shareholders” required to make major changes, including amending rules and regulations, agreeing contracts, removal of the chief executive, and a wide-ranging veto including on club ownership.

Premier League to go to 18 clubs from 20.

£100 million one-off gift to the FA to cover its coronavirus losses, the non-league game, the women’s game, the grassroots.

8.5 per cent of annual net Premier League revenue to go on operating costs and “good causes” including the FA.

From the remainder, 25 per cent of all combined Premier League and Football League revenues to go to the EFL clubs.

Six per cent of Premier League gross revenues to pay for stadium improvements across the top four divisions, calculated at £100 per seat.

New rules for the distribution of Premier League television income, overseas and domestic, including proposals that base one portion on performance over three years in the league.

The abolition of the League Cup and the Community Shield.

24 clubs each in the Championship, League One and League Two reducing the professional game overall from 92 clubs to 90.

A women’s professional league independent of the Premier League or the FA.

Two sides automatically relegated from the Premier League every season and the top two Championship teams promoted.

The 16th place Premier League club in a play-off tournament with the Championship’s third, fourth and fifth placed teams.

Premier League Parachute Payments and Solidarity Payments to be abolished.

Financial fair play regulations in line with Uefa, and full access for Premier League executive to club accounts.

A fan charter including capping of away tickets at £20, away travel subsidised, a focus on a return to safe standing, a minimum away allocation of eight per cent capacity.

Later Premier League start in August to give greater scope for pre-season friendlies, and requirement for all clubs to compete once every five years in a summer Premier League tournament.

Huge changes to loan system allowing clubs to have 15 players out on loan domestically at any one time and up to four at a single club in England.

The EFL is currently into the second season of a five-year broadcast deal with Sky totalling £595m. A 35% increase on its previous deal, it is still in total only around a quarter of the TV revenue earned each year by the Premier League. The plan would allow the EFL to get a piece of that action and while it would lose the Carabao Cup, the revenues generated from that competition are negligible by comparison (with TV coverage wrapped up into the current EFL deal).

The Premier League distributes a formulaically derived financial payment to each English Football League (EFL) club every season. There are two mechanisms with which funds are calculated and distributed, these are known as "Parachute Payments" and "Solidarity Payments". The payments are linked to the value of the Premier League’s broadcasting rights. In the 2018-19 season the Premier League paid £265m in Parachute Payments split amongst 8 clubs, and £106.3m in Solidarity Payments split amongst the EFL clubs.

Clubs within the EFL who are not eligible for Parachute Payments receive Solidarity Payments. These are calculated as a percentage of the third year Parachute Payment amount a club relegated from the Premier League would receive (currently 20% of the equally shared element of Premier League broadcasting rights). This percentage drops progressively for each EFL league – 30% in the EFL Championship, 4.5% in EFL League One, and 3% in EFL League Two.
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guyb Posted on 14/10/2020 15:45

Project Big Picture is a front for what is coming next.
and Gibson is prepared to set fire to his legacy and reputation to back the footballing equivalent of a Payday loan.
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myfooty Posted on 14/10/2020 16:23
Edited On: 14/10/2020 16:50
Project Big Picture is a front for what is coming next.
The Premier league clubs aren't going to be any worst of because most of funding will be coming from budget that was used to pay current parachute and solidarity payments which are being scrapped and the share of the prize money, sponsorship league deals etc. that currently goes to 2 clubs that are going to be removed from premier league.

My guess is the Premier league is wanting to move ahead with its own broadcasting network.

This would mean other UK networks like Sky and BT would have space on their sports channels that needs filling. The EFL would be their first option for any UK sport's channel after Premier League isn't available and only alternative that would be able to compete against the Premier League is EFL. This proposal would give the Premier League control of the EFL TV deals.
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bigrichardthe3rd Posted on 14/10/2020 18:33

Project Big Picture is a front for what is coming next.
Rich getting richer,, [:(!]they will be a European super league soon the rest will pick up the crumbs [V]
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