The 'big six' Premier League clubs have failed in their bid to get a bigger share of TV cash. Plans to hold a meeting of all 20 clubs today have been scrapped after a majority of clubs made it clear they were not going to accept any of the compromises on the table.
Leading clubs had argued that they should have a bigger share of rapidly growing overseas TV revenues because of their greater popularity abroad. It had been suggested that 35 per cent of funds should be allocated according to where clubs finished in the table which would normally benefit the top clubs.
Suggested compromises including only distributing the increase in income according to the new formula or capping the ratio of all TV money distributed to clubs at 1.6:1.
West Ham United, Leicester City and Everton were prepared to line up with the big six as aspirants to join them, but the agreement of 14 clubs is needed to effect such a substantial change. Stoke, Swansea City and Crystal Palace are understood to have been the three clubs most fervently against the proposed change. Palace chairman Steve Parrish organised a meeting to stiffen their resolve.
The failure of the move has led to renewed speculation about a breakaway league. However, there would be limits to the competitiveness of a league made up of a 'super six', even if it was possible to also bring in Rangers and Celtic. A European super league might be possible, but would be difficult to negotiate.
In any event the top clubs secure the lion's share of commercial income from Asia.
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