The EFL could see an extra £170million filtered into the football pyramid from the Premier League after the majority of top-flight clubs voted in favour of a "New Deal for Football".
A meeting held on Tuesday determined a complete restructure of English Football that includes scrapping FA Cup replays and changing the format of the Carabao Cup where clubs in Europe either don't need to enter or are able to field an Under-21 side. A spokesperson for the EFL says they have received no formal proposal it remains speculation.
If the proposals go ahead, one of the most significant changes is likely to be in how money is distributed across the leagues. According to the Times, parachute payments are likely to be "drastically cut" although further discussions will be had to determine how much relegated clubs will receive.
