Liverpool and Manchester United are backing a plan to radically change the Premier League’s structure, giving more power to the big clubs, reducing it to 18 teams and scrapping the League Cup, the Telegraph reported on Sunday.
The plan would see the Premier League commit to providing 25% of the league’s revenue to Football League (EFL) clubs and also a 250 million pound ($326.15 million) package to help with the immediate impact of the COVID-19 crisis.