“While Project Big Picture dangles an alleged 250 million pounds ‘rescue fund’ in front of clubs to cover lost revenues during the 2019-20 season they might actually be a sugar coated cyanide pill,” the FSA said in a statement.
“Apparently ‘money will be advanced to the EFL from increased future revenues’. Is there a guarantee that the money will even materialise? The entire package is based on projected revenues which are, in turn, based on the current media deal.
“Under the proposals top-flight clubs retain eight games per season which they can sell directly via their own platforms, rather than broadcasting in the traditional manner. Would broadcasters pay more money for fewer games?”
The proposal also outlines how the Premier League’s ‘big six’ clubs would acquire more power in decision-making with the FSA concerned that a “small handful of billionaire owners” will be allowed to dictate how English football should be run.
The FSA have raised fears over a potentially closed league given the prospect of lopsided voting power, with the prospect of promotion and relegation being ended.
“As six clubs can set the rules, who could stop them ending relegation from the Premier League and creating a franchise system like they have in US sports? No one,” the FSA added.
“Who could stop them from rewriting the rules in a few years so that the top six keep all the media money? No one. Who could stop them cutting funding entirely to the EFL or grassroots football? No one.”
Source: Read Full Article