Premier League parachute payments to relegated clubs are unlikely to be scrapped as discussions over a 'New Deal For Football' continue to hit loggerheads.
EFL chairman Rick Parry and Premier League chief executive Richard Masters spoke to MPs on Tuesday where the debate about ensuring a fairer distribution of money across the Football League continued to rumble.
Discussions have been in place since last year which included the potential to drastically cut parachute payments as it provides an unfair advantage to clubs who face relegation from the top flight. As it stands, relegated clubs receive £44million in their first season back in the Championship, and £35m in the second year.
