EFL chairman Rick Parry insists Project Big Picture is not dead in the water and could yet be revived.
The controversial proposals put forward predominantly by Liverpool and Manchester United, endorsed by Parry, were shot down in a meeting with all the Premier League clubs.
'No no. Absolutely not. I do not believe it is', Parry told Jamie Carragher when asked if Project Big Picture was dead.
Rick Parry, EFL chairman, has insisted that Project Big Picture is not dead in the water
He insisted: 'There is too much good in it.