Proposals from Liverpool, Manchester United and the Football League (EFL) for major changes to the structure of the Premier League were met with swift criticism from England’s top flight on Sunday and the UK government and fans.
Liverpool and United are backing a plan to radically change the Premier League’s structure, giving more power to the big clubs, reducing it from 20 clubs to 18 for the 2022-23 season and scrapping the League Cup and Community Shield.
The plan would see the Premier League commit to providing 25% of the league’s revenue to Football League (EFL) clubs and a 250 million-pound rescue fund to help with the immediate impact of the COVID-19 crisis.
The plans, dubbed “Project Big Picture”, have been put together by Liverpool’s American owners Fenway Sports Group, with support from United’s Florida-based owners the Glazer family.
Manchester United and Liverpool did not respond to a request for comment.
EFL chairman Rick Parry said the reforms were needed to address “a chasm which has become unbridgeable” between the second tier and the Premier League.
Libya plans to boost its natural gas production in the next five years to have more supply available for export to Europe by early 2030, National Oil Corporation Chairman Massoud Suleman...
Portugal and Spain are bracing for a new storm that authorities warn could trigger floods and further devastation, as the Iberian Peninsula still struggles with the aftermath of Storm Kr...
Updated 1230
Free Childcare Lifted Incomes but Pushed Poverty Line Higher, Central Bank Finds: Free childcare has driven a surge in female employment and household incomes since 2014,...
Updated 1300
Momentum warns against compensating illegal outdoor structures after Storm Harry: Momentum has urged authorities to exclude illegally placed outdoor furniture from eligib...
Updated 1300
The European Parliament dedicated a special plenary session marking the International Holocaust Remembrance Day and the liberation of the Auschwitz-Birkenau concentration...
The European Parliament and the Council have reached an informal agreement on new EU rules aimed at strengthening protections for retail investors, improving access to quality financial ...
Libya plans to boost its natural gas production in the next five years to have more supply available for export to Europe by early 2030, National Oil Corporation Chairman Massoud Suleman...
Italy’s unemployment rate fell to 5.6% in December, marking the lowest level recorded since the start of comparable data in 2004, according to provisional figures released by the nationa...
Vivian continues to widen its portfolio with the announcement of new representation agreements with worldwide R&D pharmaceutical companies. “These latest agreements crown a very succ...
Two local analysts have cautioned that any attempt by EU Member States to block or restrict the passporting of crypto-asset service providers (CASPs) authorised under the Markets in...
Employers are increasingly realising the benefits of incorporating environmental, social and governance (ESG) considerations into their business strategies as opposed to treating ESG as ...
Vivian has entered into a distribution agreement with worldwide R&D pharmaceutical company Novartis Pharma Services AG, a move that continues to reflect Vivian’s established reputati...
A significant explosion struck the southern Iranian port city of Bandar Abbas earlier today, sending shockwaves through the region. The initial blast occurred in an eight-storey building...
U.S. President Donald Trump urged Iran to come to the table and make a deal on nuclear weapons or the next U.S. attack would be far worse. Tehran responded with a threat to strike back a...
Venezuela’s interim president, Delcy Rodriguez, has begun shaping her new government following the ouster of Nicolas Maduro. On Monday, Rodriguez appointed several cabinet members. She m...
Venezuela transported gold worth almost 4.14 billion Swiss francs ($5.20 billion) to Switzerland during the early years of the leadership of ousted President Nicolas Maduro, customs data...
The attacks hitting a miners' bus in Pavlohrad in the Dnipropetrovsk region, and a maternity hospital in Zaporizhzhia, come as Ukraine's president announced trilateral peace talks in the...
Ukrainian president Volodymyr Zelenskyy has said he wanted to target 2027 for Ukraine’s accession to the European Union.
In a brief update after his phone call with Austrian chancello...
