Man Utd, Chelsea and co ‘told to pay more’ as Prem row erupts after Everton punishment | Football | Sport
The Premier League’s traditional ‘Big Six’ have reportedly been instructed to “pay up” as part of the £130 million rescue package being organized for the rest of the football pyramid. Tensions are currently running high in boardrooms across England following the points deduction imposed on Everton earlier this week.
The Premier League is hoping to reach a deal with the lower divisions over the wealth gap as soon as possible, with how the money is filtered down the chain a major concern for many clubs in dire need. with more regular financial support.
A meeting between the top 20 shareholders in the Premier League is due to take place on Tuesday, in a crucial day for clubs at all levels.
According to The Telegraphtensions are set to resurface during the meeting due to the points deduction Everton hit for breaching the Premier League’s profitability and sustainability rules.
The clubs agree that there needs to be a review of the way money is filtered down the football pyramid, but that there is a divide between the ‘Big Six’ and the rest of the Premier League. Smaller sides feel that wealthier clubs should be contributing more to the solidarity pot, and the idea of a transfer tax which would see an extra percentage of fees paid when buying players has been mooted. at them.
However, a transfer levy is the most likely outcome at this stage which would be created using prize money and other factors. That deal is expected to be finalized on Tuesday, much to the frustration of some clubs.
There are fears that if merit is highly valued during the formula, top clubs, such as Manchester City, may not pay a significant fee towards the full pot despite recording huge profits year after year – with revenues of £712.8m being recorded at the Etihad Stadium. year.
Everton are among those likely to feel bitter about the situation as they could be on the brink of financial insecurity if Leicester City, Leeds United and Burnley are sued. Each of the aforementioned clubs are demanding £100m each, despite the fact that the club is already in the £500m division. If the Toffees are unable to pay the bill they could be forced into administration, which would mean they would have to deduct an additional nine points.
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