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Premier League - Project Big Picture

Posted: Sun Oct 11, 2020 1:01 pm
by Stan Tastic
Exclusive from Sam Wallace in the Telegraph.

Manchester United and Liverpool are the driving force behind the biggest changes to English football in a generation and an extraordinary overhaul of the Premier League, The Daily Telegraph can reveal.



The two clubs have worked together on a radical set of proposals – called “Project Big Picture” - that will reshape the finances of the game. The Premier League, the most lucrative sports league in the world, would see a reduction to 18 teams, and controlling power in the hands of the biggest clubs.



In return for tearing up many of the rules that have governed the game since the Premier League’s inception in 1992 there will be £250 million rescue package to the Football League to see them through the Covid crisis.



The Daily Telegraph can reveal the details of the working document “Revitalisation” authored by Liverpool’s American ownership Fenway Sports Group with support from United. It anticipates the backing of the other members of the so-called big six, Manchester City, Arsenal, Chelsea and Tottenham Hotspur.



In a remarkable set of proposals, which will send shockwaves through the game, 25 per cent of the Premier League’s annual revenue will go to the EFL clubs with £250 million paid up front to see them through the current crisis. There would also be a gift of £100 million to sustain the Football Association.



However, there would be an abolition of the one-club, one-vote principle that has sustained the Premier League since its inception as well as the abolition of the threshold of 14 votes to pass any decision or regulation change.



Under the new proposals, the League Cup and the Community Shield would be abolished. There have been additional discussions that the League Cup would survive but without the participation of the clubs in Europe.



There would be two automatic promotion places for Championship clubs, but the third, fourth and fifth placed clubs would be in a play-off tournament with the 16th placed Premier League club.



The nine clubs who have been in the Premier League for the longest - which includes the big six - would dictate its running in every aspect and would be free to play more games in the expanded Champions League that is anticipated from the 2024-2025 season onwards.



As well as the Premier League dropping from 20 clubs to 18, there would be 24 in each of the Championship, League One and League Two making a total of 90.



The plan is supported by the EFL chairman Rick Parry who has held talks with Liverpool’s principal owner, the American investor John W Henry, and shareholder and director Mike Gordon. In addition, Parry has spoken to the Glazer family, who own United.



The talks began in 2017 but have been accelerated since the coronavirus pandemic has thrust football into the grip of crisis with no fans in stadiums until March at the earliest. Liverpool and United are prepared for a fierce debate over their proposals but they want them implemented as soon as possible.



The Revitalisation document calls for immediate action to cut dramatically what it calls the “revenue chasm” in earnings from television contracts between the Premier League and the EFL. In order to discourage Championship clubs from gambling recklessly on promotion, the parachute payments system would be abolished in favour of the 25 per cent share of Premier League revenue being shared more equitably among EFL clubs.

Under proposals for the new model of distribution of television revenue in the Premier League, Fenway, the driving force behind the document, insist there would be no greater share for the top six. Their stated aim is to eliminate the huge gap in earnings between Premier League and EFL clubs while in return having a greater control of the decisions made by the Premier League.



The document says: “A reset of the economics and governance of the English football pyramid is long overdue”.



The proposals also rewrite the Premier League’s 20-club democracy in favour of placing huge power in the hands of the nine clubs with the longest continual stay in the division. As things stand that is the big six, as well as Everton, Southampton and West Ham. Those nine clubs afforded “long-term shareholder status” would have unprecedented power, with the votes of just six of them required to make sweeping changes. These clubs would even be able to veto a new owner taking over a rival club.



In an exclusive interview with The Daily Telegraph, Parry said that he had the support of many of his 72 members, many currently facing financial ruin, to go ahead with the plan. He said: “What do we do? Leave it exactly as it is and allow the smaller clubs to wither? Or do we do something about it? And you can’t do something about it without something changing. And the view of our clubs is if the [big] six get some benefits but the 72 also do, we are up for it.”



He accepted there would be opposition from the Premier League clubs outside the big six who would see it as detrimental to their financial prospects with less money and two fewer places in the top flight.



“It is definitely going to be challenging and it is an enormous change so that won’t be without some pain,” Parry said: “Do I genuinely think it’s for the greater good of the game as a whole? Absolutely. And if the [big] six are deriving some benefit then why shouldn’t they. Why wouldn’t they put their names to this otherwise?



The proposals include:

£250 million immediately to the EFL to compensate its clubs for lost matchday revenue, deducted from future television revenue earnings and financed by a loan taken out by the Premier League
Special status for the nine longest serving clubs – and the vote of only six of those “long-term shareholders” required to make major changes, including amending rules and regulations, agreeing contracts, removal of the chief executive, and a wide-ranging veto including on club ownership
Premier League to go to 18 clubs from 20
£100 million one-off gift to the FA to cover its coronavirus losses, the non-league game, the women’s game, the grassroots
8.5 per cent of annual net Premier League revenue to go on operating costs and “good causes” including the FA
From the remainder, 25 per cent of all combined Premier League and Football League revenues to go to the EFL clubs
Six per cent of Premier League gross revenues to pay for stadium improvements across the top four divisions, calculated at £100 per seat
New rules for the distribution of Premier League television income, overseas and domestic, including proposals that base one portion on performance over three years in the league
The abolition of the League Cup and the Community Shield
24 clubs each in the Championship, League One and League Two reducing the professional game overall from 92 clubs to 90
A women's professional league independent of the Premier League or the FA
Two sides automatically relegated from the Premier League every season and the top two Championship teams promoted. The 16th place Premier League club in a play-off tournament with the Championship’s third, fourth and fifth placed teams.
Financial fair play regulations in line with Uefa, and full access for Premier League executive to club accounts
A fan charter including capping of away tickets at £20, away travel subsidised, a focus on a return to safe standing, a minimum away allocation of eight per cent capacity
Later Premier League start in August to give greater scope for pre-season friendlies, and requirement for all clubs to compete once every five years in a summer Premier League tournament
Huge changes to loan system allowing clubs to have 15 players out on loan domestically at any one time and up to four at a single club in England

Re: Premier League - Project Big Picture

Posted: Sun Oct 11, 2020 1:04 pm
by GodIsADeeJay81
I've posted this in the magic money tree thread.

It's shocking for football itself.

I can't understand what exactly West ham have done to qualify for this group, they get relegated every so often and aren't exactly renowned for winning trophies.

Re: Premier League - Project Big Picture

Posted: Sun Oct 11, 2020 1:08 pm
by FactualFrank
"The nine clubs who have been in the Premier League for the longest - which includes the big six - would dictate its running in every aspect and would be free to play more games in the expanded Champions League that is anticipated from the 2024-2025 season onwards."

:lol: :lol:

Re: Premier League - Project Big Picture

Posted: Sun Oct 11, 2020 1:14 pm
by DAVETHEVICAR
Can’t see them getting 14 votes from the 20 members of the Premier League

Re: Premier League - Project Big Picture

Posted: Sun Oct 11, 2020 1:15 pm
by Bobzuruncle
I’m surprised that they haven’t found a way to put Leeds in that elite group and, as recent winners, I am sure Leicester would be a bit miffed - then again another Leicester is what they are trying to prevent.

Re: Premier League - Project Big Picture

Posted: Sun Oct 11, 2020 1:15 pm
by FactualFrank
I wonder how much Rick Parry would be paid for agreeing to this as a backhander.

Re: Premier League - Project Big Picture

Posted: Sun Oct 11, 2020 1:24 pm
by Royboyclaret
FactualFrank wrote:
Sun Oct 11, 2020 1:08 pm
"The nine clubs who have been in the Premier League for the longest - which includes the big six - would dictate its running in every aspect and would be free to play more games in the expanded Champions League that is anticipated from the 2024-2025 season onwards."

:lol: :lol:
Radical changes, indeed, but frankly no great surprise. This has been coming for some time.

Crazy as it sounds we are not that far outside the "big nine" as some people might think. Certainly ahead of the likes of Villa, Fulham, Brighton, Leeds, Newcastle, Sheff Utd, West Brom & Wolves.

Re: Premier League - Project Big Picture

Posted: Sun Oct 11, 2020 1:42 pm
by Spijed
And Spurs, let's not forget the wonderful achievement for a club of their size of two, yes two, league titles.

Re: Premier League - Project Big Picture

Posted: Sun Oct 11, 2020 1:44 pm
by Goalposts
If Man Utd and Liverpool wanted to play six games a year as home games in Asia and the states they could, as it would only require 4 other to support it, and they would gladly jump on that bandwagon, city would play home games in the UAE at least 5-6 a year

Re: Premier League - Project Big Picture

Posted: Sun Oct 11, 2020 1:47 pm
by SalisburyClaret
This looks like it will happen - just a stepping stone on the way to a Euro Premier League. The big clubs get bigger but it’s for “the greater good of the game”

Re: Premier League - Project Big Picture

Posted: Sun Oct 11, 2020 1:59 pm
by turbo5
The problem is with this elitism, it drives people away from the game. Think Forumla one or boxing. I remember nearly every household watching world champions fight. Tyson. Benn, Eubank etc and following F1 every race. now unless your are a die hard fan majority of the general public havent the faintest idea who the current world champions are. Do we really want to watch all top tier football via PPV ?

Re: Premier League - Project Big Picture

Posted: Sun Oct 11, 2020 2:02 pm
by Colburn_Claret
**** bags trying to buy football.
If the rest of the league allow this to happen it would be a crime, and a suicide note, the top 6 don't give a **** about anyone but the top 6.

It's all about the top 6 making more money, so that the top 6 don't have to keep dipping into their owners wallets all the time. The welfare of football is irrelevant to these bastards. They can never understand that the more you pay for a player, doesn't make him a better player.

Re: Premier League - Project Big Picture

Posted: Sun Oct 11, 2020 2:07 pm
by Murger
This will just finish me off with football I think. I'm a bit meh as it is.

Re: Premier League - Project Big Picture

Posted: Sun Oct 11, 2020 2:13 pm
by FactualFrank
If anything, maybe MORE teams in the Premier League could be better.

Have a Premier League North and a Premier League South. The best, play it out each season to see who wins the Premier League. It would be good regarding Covid, with fewer people travelling all over the country.

Re: Premier League - Project Big Picture

Posted: Sun Oct 11, 2020 2:16 pm
by NottsClaret
A few years ago, I’d have been dead against it. Now I’m at the point where I think the sooner the ‘Big 6’ clear off the better. They can live as some international social media entity with a base in England, Asia and America and we can get back to some sort of merit based football league that every town and club has a fair stake in.

Re: Premier League - Project Big Picture

Posted: Sun Oct 11, 2020 2:59 pm
by BurnleyFC
I’ve got a better idea. Let’s **** Liverpool, Manchester United and anyone else who wants this change off, so they can do as they please.

They can take their gobshite armchair supporters with them too.

Re: Premier League - Project Big Picture

Posted: Sun Oct 11, 2020 3:31 pm
by claptrappers_union
Why restructure the league from 20 to 18. I don’t understand that bit?

Re: Premier League - Project Big Picture

Posted: Sun Oct 11, 2020 3:45 pm
by Wokingclaret
The big clubs didn't like losing the extra subs did they.

Re: Premier League - Project Big Picture

Posted: Sun Oct 11, 2020 3:45 pm
by Spijed
People underestimate West Ham's standing in the game.

West Auckland Football Club and West Ham United are the only two domestic teams to win the world cup in 1909 and 1966.

Re: Premier League - Project Big Picture

Posted: Sun Oct 11, 2020 3:48 pm
by Wokingclaret
Liverpool didn't like losing points to little old Burnley

Re: Premier League - Project Big Picture

Posted: Sun Oct 11, 2020 4:03 pm
by GodIsADeeJay81
claptrappers_union wrote:
Sun Oct 11, 2020 3:31 pm
Why restructure the league from 20 to 18. I don’t understand that bit?
2 games less per club, plus travelling means the clubs in Europe get more rest time apparently.

This completely ignores their world tours in the summer and friendlies during the international breaks..

Re: Premier League - Project Big Picture

Posted: Sun Oct 11, 2020 4:08 pm
by Chester Perry
GodIsADeeJay81 wrote:
Sun Oct 11, 2020 4:03 pm
2 games less per club, plus travelling means the clubs in Europe get more rest time apparently.

This completely ignores their world tours in the summer and friendlies during the international breaks..
If you look at the detail - it is about the big clubs getting more competitive for Europe (and qualifying more regularly), but also about having more opportunity to make greater money from summer friendlies and the soon to be UEFA endorsed International Challenge Cup - also don't forget FIFA's plan's for a 24 club, Club World Cup tournament every 4 years.

A Carabao cup win gives the winner about £3.5m - big clubs can make that in 1 or 2 games in the summer much better than 5 in the middle of the season

Re: Premier League - Project Big Picture

Posted: Sun Oct 11, 2020 4:14 pm
by Chester Perry
Royboyclaret wrote:
Sun Oct 11, 2020 1:24 pm
Crazy as it sounds we are not that far outside the "big nine" as some people might think. Certainly ahead of the likes of Villa, Fulham, Brighton, Leeds, Newcastle, Sheff Utd, West Brom & Wolves.
posted this in the MMT thread
Chester Perry wrote:
Sun Oct 11, 2020 3:44 pm
looks like the count starts from last promotion

Seasons spent in Premier League

28 – Man Utd, Chelsea, Arsenal, Liverpool, Tottenham, Everton
25 – Aston Villa, Newcastle
24 – West Ham
23 – Man City
21 – Southampton
18 – Blackburn
16 – Sunderland
15 – Middlesbrough
14 – Fulham, Leicester
13 – Bolton
12 – Leeds, West Brom
10 – Stoke

Years since last Promotion to Premier League

28 – Man Utd, Chelsea, Arsenal, Liverpool, Tottenham, Everton
19 - Manchester City
9 - Southampton, West Ham
8 - Crystal Palace
7 - Leicester
5 - Burnley
4 - Brighton. Newcastle United
3 - Wolves
2 - Aston Villa, Sheffield United
1 - Fulham, Leeds, West Brom

Re: Premier League - Project Big Picture

Posted: Sun Oct 11, 2020 4:18 pm
by Wokingclaret
On R5 now, say Rik Parry was working on this whilst at Liverpool before joining the EFL

Power grab whilst the EFL is in need

Re: Premier League - Project Big Picture

Posted: Sun Oct 11, 2020 4:24 pm
by Wokingclaret
Start of the European super league

Re: Premier League - Project Big Picture

Posted: Sun Oct 11, 2020 4:30 pm
by BurnleyFC
Wokingclaret wrote:
Sun Oct 11, 2020 4:24 pm
Start of the European super league
Excellent.

It’ll be even easier to avoid watching those gobshites then.

Re: Premier League - Project Big Picture

Posted: Sun Oct 11, 2020 4:31 pm
by Woodleyclaret
Total nonsense, these changes are a result
of the money clubs have blown on transfers and wages over the past few seasons
We need to help out the lower league clubs but stopping parachute payments and cutting down the league to 18 teams is bad enough
However to grant special status to teams at the lower end of the Premier league is disgraceful

Re: Premier League - Project Big Picture

Posted: Sun Oct 11, 2020 4:36 pm
by claretsintown
Ferkin greed at its most blatant.

Re: Premier League - Project Big Picture

Posted: Sun Oct 11, 2020 4:42 pm
by huw.Y.WattfromWare
If this goes through I will never watch football again. There are so many other sports out there that appeal to my sense of justice. NFL, both codes of rugby, cricket, cycling, tennis.

Re: Premier League - Project Big Picture

Posted: Sun Oct 11, 2020 4:47 pm
by Top Claret
There certainly needs to be change or football as we know it will disappear.

Lower league clubs can't survive much longer off fresh air and directors loans, if this is the only way forward then so be it.

Re: Premier League - Project Big Picture

Posted: Sun Oct 11, 2020 4:47 pm
by Chester Perry
BurnleyFC wrote:
Sun Oct 11, 2020 4:30 pm
Excellent.

It’ll be even easier to avoid watching those gobshites then.
The European Super League (or it's close equivalent) will most definitely run in parallel to the Premier League not against it (more money to be earned that way) - next season's Europa Conference is the first part of the European Club Association's plans for post 2024, where you qualify for Europe and enter at the lowest rung of the Ladder (the Europa Conference) the places at the other 2 are based on similar criteria to merit points (that part of the Champions League payments are currently based on) the only way to accelerate promotion to the top table is by winning the Europa League - there will still be the finite 7 maximum from a single country involved in Europa competition - but it is not clear if all 7 could eventually work up to being in the Champions League (I suspect their will be too much resistance to let it happen, but you never know).

Re: Premier League - Project Big Picture

Posted: Sun Oct 11, 2020 4:50 pm
by Chester Perry
Woodleyclaret wrote:
Sun Oct 11, 2020 4:31 pm
Total nonsense, these changes are a result
of the money clubs have blown on transfers and wages over the past few seasons
We need to help out the lower league clubs but stopping parachute payments and cutting down the league to 18 teams is bad enough
However to grant special status to teams at the lower end of the Premier league is disgraceful
No these changes are about American owners wanting to ensure they make profits not losses, I have been posting about this trend for the last 3 years in the MMT thread

Re: Premier League - Project Big Picture

Posted: Sun Oct 11, 2020 5:01 pm
by Wile E Coyote
"These clubs would even be able to veto a new owner taking over a rival club."


can someone please explain why they would have this capability .

Re: Premier League - Project Big Picture

Posted: Sun Oct 11, 2020 5:05 pm
by ksrclaret
I'm in the "all for it" camp on this one, so long as it means the big 6, or 9, clear off and leave the rest of the clubs to return to proper football on an even playing field. Can't come soon enough for me.

Re: Premier League - Project Big Picture

Posted: Sun Oct 11, 2020 5:05 pm
by GodIsADeeJay81
Wile E Coyote wrote:
Sun Oct 11, 2020 5:01 pm
"These clubs would even be able to veto a new owner taking over a rival club."


can someone please explain why they would have this capability .
To maintain the status quo in their favour quite simply.

It's wrong that they'd be allowed that power

Re: Premier League - Project Big Picture

Posted: Sun Oct 11, 2020 5:05 pm
by GodIsADeeJay81
ksrclaret wrote:
Sun Oct 11, 2020 5:05 pm
I'm in the "all for it" camp on this one, so long as it means the big 6, or 9, clear off and leave the rest of the clubs to return to proper football on an even playing field. Can't come soon enough for me.
When was the last time it was an even playing field?

Re: Premier League - Project Big Picture

Posted: Sun Oct 11, 2020 5:22 pm
by Colburn_Claret
claptrappers_union wrote:
Sun Oct 11, 2020 3:31 pm
Why restructure the league from 20 to 18. I don’t understand that bit?
The top 6 fairly consistently lose votes that favour the elite.
By reducing the league to 18, and making the longest serving 9 clubs have extra voting rights, they just take control of the whole league unto themselves. Basically they will be able to do whatever the hell they like.

Re: Premier League - Project Big Picture

Posted: Sun Oct 11, 2020 5:34 pm
by IanMcL
The end of football as a place where your club could pitch itself against others and possibly compete, week in, week out.

Oh no...I forgot, we already have the Prem League!

Re: Premier League - Project Big Picture

Posted: Sun Oct 11, 2020 5:36 pm
by IanMcL
What this does do, is highlight the fact that the Prem is driven by the top 6 and that decisions really do follow their needs, on and off the pitch.

Re: Premier League - Project Big Picture

Posted: Sun Oct 11, 2020 5:43 pm
by Dark Cloud
On the surface much of it doesn't sound that bad tbh and maybe I (we're) balking at it initially because it embodies so many fundamental changes, when MAYBE some of those changes aren't all that bad. However, once those elite 6 clubs have wrestled control basically of the entire game and particularly its purse strings, there is really no telling what they then might do. What I find interesting is what happens if one of the big 6 suddenly gets relegated? Liverpool, Spurs, United, City and Cheslea have all been outside the top division at some point in my life time. Also, if those big 6 clubs can veto new owners buying other clubs, they could easily abuse that and block say a billionaire sheikh buying Southampton because he may turn them into serious rivals. That's got to be wrong.

Re: Premier League - Project Big Picture

Posted: Sun Oct 11, 2020 5:52 pm
by Spijed
One thing this idea shows is that the owners are trying to see how much money they can make on the back of the pandemic by floating the idea now.

To them it seems money is far more important than anything else.

Re: Premier League - Project Big Picture

Posted: Sun Oct 11, 2020 5:53 pm
by Chester Perry
Dark Cloud wrote:
Sun Oct 11, 2020 5:43 pm
On the surface much of it doesn't sound that bad tbh and maybe I (we're) balking at it initially because it embodies so many fundamental changes, when MAYBE some of those changes aren't all that bad. However, once those elite 6 clubs have wrestled control basically of the entire game and particularly its purse strings, there is really no telling what they then might do. What I find interesting is if one of those other 3 "longest serving clubs" gets relegated and loses it's status amongst the top 9, does the next longest from the list take over and what if, when the seasons spent in the PL are totaled up, the next longest is currently wallowing in Div one for example?? In fact what happens if one of the big 6 suddenly gets relegated? Liverpool, Spurs, United, City and Cheslea have all been outside the top division at some point in my life time.
Reduced Premier League TV income combined with long established European qualification (where Champions League Income is fast approaching that at the bottom of the Premier League), huge commercial income and opportunities for highly lucrative summer friendlies means that the big six what not expect to be relegated due to their financial advantages - that is the real story of the Premier League to date

Re: Premier League - Project Big Picture

Posted: Sun Oct 11, 2020 6:00 pm
by Chester Perry
Spijed wrote:
Sun Oct 11, 2020 5:52 pm
One thing this idea shows is that the owners are trying to see how much money they can make on the back of the pandemic by floating the idea now.

To them it seems money is far more important than anything else.
It is actually about ensuring the permanence of their place in the Premier League. the success and development at Leicester and Wolves combined with the money at Villa and the already obvious economic power at Leeds is terrifying them - the welcome restructuring of finances for the EFL has been counterbalanced with the creation of other opportunities for them to make even more money and broaden the financial gaps to those in the bottom half of the Premier League.

In some ways it is circling back to the beginning of the Premier League era, just it gives the big 6 even more power over the game and opportunity to broaden the economic divide between them and the rest of the Premier League.

Re: Premier League - Project Big Picture

Posted: Sun Oct 11, 2020 6:04 pm
by Dark Cloud
I also don't like the idea that the 2 major drivers here are both American and not British owners who at least may better understand the historical structure of the game here and how it affects communities and fans outside the big, glamour clubs. I'm not sure these people get that and how many fans support, live and breathe their clubs in the lower leagues, plus how the players discovered and developed in those lower leagues can become the PL stars of tomorrow. And as mentioned above, if they stifle genuine competition in favour of purely big money, big games like Liverpool V United etc, then fans will quickly turn off. Not so long ago when Wigan RL were so superior to absolutely every other team in RL it very, very quickly became so uncompetitive it was utterly boring and fans, even Wigan fans, were turning away and the RL themselves realised it was actually killing the game.

Re: Premier League - Project Big Picture

Posted: Sun Oct 11, 2020 6:05 pm
by Spijed
I wonder what incentive there is for other clubs to vote for this when 14 votes are needed for this to pass?

If they have 9 clubs on board why would another 6 vote for this when they have a good chance of being relegated?

Re: Premier League - Project Big Picture

Posted: Sun Oct 11, 2020 6:09 pm
by boatshed bill
The whole thing is disgusting, nothing but greed.
Football is almost dead.

Re: Premier League - Project Big Picture

Posted: Sun Oct 11, 2020 6:09 pm
by Tall Paul
Spijed wrote:
Sun Oct 11, 2020 6:05 pm
I wonder what incentive there is for other clubs to vote for this when 14 votes are needed for this to pass?

If they have 9 clubs on board why would another 6 vote for this when they have a good chance of being relegated?
The "incentive" is that if they vote against it they could be portrayed as the clubs that blocked the PL from providing the £250m rescue package to the Football League clubs.

Re: Premier League - Project Big Picture

Posted: Sun Oct 11, 2020 6:14 pm
by kritichris
The offer to pay money to the EFL to keep lower clubs going will probably be withdrawn once the new elitist premiership is established.

Re: Premier League - Project Big Picture

Posted: Sun Oct 11, 2020 7:05 pm
by Spijed

Re: Premier League - Project Big Picture

Posted: Sun Oct 11, 2020 7:05 pm
by Chester Perry
kritichris wrote:
Sun Oct 11, 2020 6:14 pm
The offer to pay money to the EFL to keep lower clubs going will probably be withdrawn once the new elitist premiership is established.
That is easily prevented - only 3 things were enshrined in writing at the start of the Premier League

- The Premier League clubs must compete in the League Cup
- The FA had a Golden share in the Premier League consequently it has veto power as a special shareholder during the election of the chairman and chief executive and when new rules are adopted by the league
- The PFA got 5% of the domestic broadcast income

All are still active, even though the Premier League has tried many times to get them all changed

At that point the Football League (as it was then) got a good share of the broadcast income too but that was not in writing so was lost eventually when the big money started coming in