The Premier League's so-called 'Big Six' have been outvoted by the remaining 14 top-flight clubs in a blow to their hopes of keeping Champions League cash for themselves.
The Premier League has received a mandate from its clubs by a vote of 14-6 to start discussing a new deal with the EFL and FA that will amend English football's wealth distribution system, despite the 'Big Six' questioning the proposals - dubbed the "New Deal for Football"- and how much they would be forced to contribute.
Around £170million more is expected to be given to EFL clubs each year and parachute payments will be cut to limit the amount of teams that yo-yo between the Premier League and the Championship. More money from UEFA competitions is set to be used.
