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Showing posts with the label Steve Parrish

Big Six fail in bid to get more readies

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 ...