- They accept plan is not Premier League policy
- Combined £50m bailout offer to League One and Two
Liverpool and Manchester United have been forced into an embarrassing climbdown over their push to reform English football after a tense meeting of the Premier League’s 20 clubs on Wednesday.
Together with the EFL chairman, Rick Parry, Liverpool and United have pushed Project Big Picture – a plan that proposed a £250m bailout for the EFL and a more equitable share of the game’s broadcast money in exchange for the Premier League’s big six clubs being granted overwhelming voting control on a number of important points.
