The Premier League wants the EFL to commit to new sustainability rules in exchange for a greater cut of its TV cash in a move that borrows from the Project Big Picture plot once championed by Liverpool, Football Insider has learned. The EFL informed clubs last week that it had received a formal offer from the Premier League regarding a potential revamp of the solidarity payments model.
Around 16 per cent of the top flight’s broadcast revenue is currently distributed to the lower leagues, with the bulk of that figure funnelled into parachute payments. The EFL has long been angling for a 25 per cent cut – which would equate to an extra £250million per year – as well as the removal or scaling back of parachute payments. The improved proposal submitted by the Premier League is believed to offer in excess of 20 per cent, although an exact figure is not yet known.
A clause which would have committed EFL clubs to housing more loan players from the Premier League was among the proposals too, as were major changes to the League Cup and FA Cup. All of those ideas have featured in the negotiations between the Premier League and EFL this time around too.