Derby owner Mel Morris has begged Premier League clubs to unite behind Project Big Picture and save EFL counterparts from oblivion.
Under proposals put forward by Liverpool and Manchester United, the EFL would be given an immediate £250m bailout and the promise of a 25 per cent share in future Premier League television revenues.
There is broad support for the plan across the EFL but those behind it would need 14 of the Premier League's 20 members to vote in favour – and they are currently some way short of that figure.