Rick Parry has warned “two thirds” of EFL clubs will go out of business unless football can agree a financial deal.
The grim warning came despite the publication of the Government’s new White Paper which confirmed plans for a new independent regulator after a fan-led review.
EFL chairman Parry wants a better share of the spoils from the mega wealthy Premier League but also wants assurances on the new licensing system which is the centrepiece of the new set-up.