Screenshot of Premier League official website
China News Service, October 15th. On the evening of the 14th Beijing time, the Premier League issued an announcement on its official website, announcing that the 20 league teams have all expressed their views after the meeting and will not support the reform plans previously proposed by Manchester United and Liverpool.
Earlier media reports stated that Manchester United and Liverpool jointly initiated a reform plan called "Project Big Picture". The focus is on the change of the league from 20 to 18 teams, the cancellation of the League Cup and Community Shield, as well as the British Championship and the low A lot of content such as the assistance plan of level competition.
On the evening of the 14th Beijing time, the Premier League issued an announcement on its official website confirming that this plan will not be implemented.
The Premier League official website stated that in the just-conducted Premier League shareholder meeting, all 20 Premier League clubs agreed that Project Big Picture will not be supported by the Premier League and the FA.
In addition, the shareholders of the Premier League agreed that the 20 clubs will work as a group to cooperate on the future structure and financing of English football and negotiate with all stakeholders.
To ensure a vibrant, competitive and sustainable league structure.
In addition, the parties also agreed to provide a rescue plan to ensure that the League One and League Two clubs will not go bankrupt due to the economic impact of the new crown pneumonia epidemic and can successfully complete the 2020/21 season.
The League One and League Two clubs rely very heavily on match-day income and have fewer resources at their disposal than the English Championship or Premier League clubs. Therefore, they bear greater risks, especially when fans cannot participate in watching games.
This amount includes free donations and interest-free loans. After 27.2 million pounds have been paid to the League One and League Two clubs this year, another 50 million pounds will be provided, for a total of 77.2 million pounds.
At the same time, Premier League officials stated that football without fans is incomplete, and football leagues without fans are unsustainable.
The Premier League and its clubs are committed to bringing fans back to the stadium safely as quickly as possible.
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