"Project Big Picture": "It is important that we all work together" (Premier League)

"We have seen media reports today regarding a plan to restructure football in this country. English football is the world's most watched, and has a vibrant, dynamic and competitive league structure that drives interest around the globe. To maintain this position, it is important that we all work together," said the Premier League on 11/10/2020.

The English League reacted to an article in the Daily Telegraph, published on 11/10/2020, which reported on "Project Big Picture", which is aimed at rethinking the competition, economy and governance of English professional football. According to the British daily newspaper, this project, led by Liverpool FC and Manchester United FC, includes the reduction of the English elite division from 20 to 18 clubs, the creation of a £250m (€276m) rescue fund "immediately available" to the EFL, and the introduction of "special voting rights" for nine clubs on certain key issues (see below). The promoters of this plan would like to implement it from the 2022-23 season onwards, according to several British media reports.

"In the Premier League's view, a…