An angry group of EFL chairmen have told The Mail on Sunday they believe clubs in their divisions were misled into supporting the ‘Project Big Picture’ restructuring of English football drawn up by Liverpool and Manchester United.
A headline promise in the proposal — already scrapped but likely to return in an altered format — suggested the 72 EFL clubs would receive 25 per cent of all future Premier League revenues, or £750 million a year from 2022 onwards.
They currently split just over £400m, dished out via parachute cash, solidarity payments and academy grants.