Premier League golf equipment unanimously agreed on Wednesday to reject the novel “Project Big Picture” plan to restructure English soccer. Below the controversial proposals, the variety of groups within the Premier League would have been reduce from 20 to 18 and the League Cup scrapped. Extra energy would have been handed to the largest golf equipment within the top-flight in alternate for a rescue bundle and larger share of broadcast revenues for the English Football League (EFL).
Though endorsed by the overwhelming majority of EFL golf equipment, the plan was criticised by the British government, the Soccer Affiliation, the Premier League and fan teams.
“All 20 Premier League golf equipment as we speak unanimously agreed that “Venture Huge Image” won’t be endorsed or pursued by the Premier League, or the FA,” the Premier League mentioned in an announcement.
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“Additional, Premier League Shareholders agreed to work collectively as a 20-club collective on a strategic plan for the longer term buildings and financing of English soccer, consulting with all stakeholders to make sure a vibrant, aggressive and sustainable soccer pyramid.”
The Premier League additionally agreed a rescue bundle of £50 million ($65 million) within the type of grants and interest-free loans for golf equipment in League One and League Two, who face monetary damage with out the return of supporters to stadiums.
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