A key part of the new system of redistribution will be based on ensuring cash is spent on infrastructure rather than wages
The Premier League has finally been given a mandate by its clubs to launch the most dramatic overhaul of English pyramid finances in decades.
Government, the Football Association and the Football League will now be consulted over the top tier’s ‘New Deal for Football’ vision.
The package, which the league hopes will stave off the risk of intervention by ministers, includes a new merit-based system for increased solidarity payments.
However, in crunch talks with the FA, the league will also now present a vision for a relaxation over the post-Brexit points-based rules for signing overseas players.