Premier League club bosses to discuss reform of financial structure of English Football League | Football News

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Premier League club bosses will meet on Wednesday to discuss fundamental reform of the financial structure of the English Football League – but there is a widespread determination that some form of parachute payment for relegated clubs will remain.

The proposals are titled “A New Deal for Football” after thorough discussions throughout the football pyramid since the start of the coronavirus pandemic have so far failed to reach an agreement.

Sky Sports News has been told that while many Championship clubs want to scrap parachute payments entirely, they are almost certain to be retained by the Premier League, as there is a strong desire to maintain a financial lifeline for those dropping out of the top division.

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