However, there will be no money for the Championship, and the controversial parachute payment system will be retained. The ‘New Deal’ talks are taking place at a time when the Government is committed to introducing an independent regulator for football.

Essentially, you put our media revenue, the EFL’s media revenue in a pot, you take away costs and you divide it on a preordained formula which means that going forward, our growth is the EFL’s growth, and vice versa, so our success is shared, it aligns the two organisations in a different way and ensures that gaps don’t build up in the future.If “solidarity payments”, which go to all EFL clubs, become a bigger slice of the pie – and the broadcast contracts that determine Premier League revenue remain flat – then the play-off final could become less important. This inconsiderate act - which could have had very serious consequences for a huge number of people attending - caused injuries to several people attending the game who are now in hospital and law authorities will take the necessary action," the governing body added. It happened in Manchester - for part of the game they were better and we had to defend," said Guardiola.

Former Wimbledon, Liverpool and England defender Scales said it was vital EFL clubs "end the culture of gambling" with their finances. Venues: Amsterdam, Baku, Bucharest, Budapest, Copenhagen, Glasgow, London, Munich, Rome, Seville, St-Petersburg. There are any number of worrying repercussions for teams who suffer relegation, from sustaining sizeable wage bills to falling gate receipts and adapting to the tiny TV revenue Championship teams earn compared to Premier League clubs.The EFL has long argued these payments perpetuate financial imbalance within the division, and lead other clubs to overspend to compete.

Haggling is therefore partly about the proportions of Premier League riches reserved for parachute payments and those shared indiscriminately. The Finland striker has scored 56 times in his previous two Championship campaigns, and it is easy to imagine a parachute-less Norwich attempting to cash in on the forward and ease the burden of his considerable wages before he last fired them to promotion. Hotjar sets this cookie to know whether a user is included in the data sampling defined by the site's pageview limit. The redistribution of money is really uncertain and the approach that will be taken going forward is uncertain.

Fair Game argues that parachute payments are "not fit for purpose" and clubs "must be more transparent and consistent in their financial reporting". These are calculated as a percentage of the third year Parachute Payment amount a club relegated from the Premier League would receive (currently 20% of the equally shared element of Premier League broadcasting rights).