The "most radical overhaul" of Financial Fair Play rules in English football could be announced this summer.
New measures will introduce cost controls for Championship clubs that will mean they have to keep their expenditure within 70 per cent of the club's revenue. It will see the current loss threshold of £39 million over three years scrapped.
According to the Telegraph, talks between the Premier League and EFL are "ongoing", with the latter hoping that profit and sustainability reform will also a big shake-up to the way parachute payments work.
