LONDON (AP) – Vilified through the Premier League, the government and even their own supporters, US owners of Liverpool and Manchester United have created such an unpleasant and divisive gripping strategy at a time of monetary turbulence in English football.
But John Henry and Joel Glazer have shaped a plan, though unreactive to many, to consolidate the Premier League for the elite into a long-term bailout for the lower professional leagues.
Seven months after the start of the pandemic that excluded English stadium enthusiasts and disadvantaged clubs with key winnings, this is more than the world’s richest league has achieved.
It is only now that the Premier League combines after leading their clubs to reject the Big Picture project, which was made public on Sunday through the league leader’s decline with Glazer and Henry.
It is difficult to devise a plan by Richard Masters, whose limited authority was revealed in his first year as executive leader of a Premier League where clubs eventually do so.
“What I think we’re going to do,” Masters said of his own Big Picture project, “is do the main parts until the end of the year. “
She would probably be too late for third and fourth degrees supervised through the English Football League.
“It’s desperate,” Ian Mather, leader of Cambridge United’s fourth team, told Sky News. “There are clubs that will close their doors unless we come to an agreement and soon come to an agreement. “
Uncertainty has not prevented Cambridge after Liverpool and United attracted U. S. investment, with two businessmen buying a 20% stake in the club last month, with the appeal of declining league clubs appearing.
The Premier League has excluded the second division championship from any monetary bailout, which helped EFL clubs reject a bailout offer on Thursday deemed insufficient. Interest-free grants and loans of 50 million pounds ($65 million) have been proposed for League One and Two clubs, in addition to the 27. 2 million pounds of solidarity bills already completed this year.
The Premier League is in a position to provide emergency assistance to clubs in need, but the reluctance to rush to deliver cash to the lower leagues is understandable when their monetary difficulties were obvious even before the pandemic. In addition, Cambridge has pérdidas. de more than 800,000 pounds a year in recent years, after spending more on wages than it generates.
Big Picture’s allocation envisaged distributing more than 25% of premier League revenue, lower operating prices and contributions to smart causes, but at the same time allowing the six largest clubs to get along well with a preferential vote and widen the gap in the Premier League by converting the televised money-sharing formula. The duration of the Premier League would also have been reduced from 20 to 18 teams, which would lose space on the calendar to play more matches against European teams.
Interestingly, Masters is in a position to decrease the number of Premier League teams, which began as an EFL getaway with 22 in 1992 before wasting two in 1995.
“Part of the review will be about the length and shape of the Premier League and the pyramid itself,” Masters said. “We have a transparent trail and uncertainty is very dangerous, and I think we have solved the uncertainty. “
For now. But the fate of declining league groups remains dubious as coronavirus instances accumulate and new local restrictions cause stadiums to reopen to fans.
“We have a way that works for everyone,” said Mikel Arteta, director of the arsenal, who belongs to American tycoon Stan Kroenke, “who can make this game sustainable and still evolve. “
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Rob Harris is at https://RobHarris and https://instagram. com/RobHarrisPix
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