Leeds United owner Andrea Radrizzani wants to see a shake-up to the English league structure and has called for the introduction of a Premier League Two to replace the current Championship.
He believes the gap between the top two divisions in the country is too great, partly because relegated clubs benefit from large parachute payments while the rest share EFL revenues with those in Leagues One and Two.
Radrizzani argues that this is the reason why clubs outside of the Premier League are prone to financial crises and takeovers.
He added that he has turned down offers for Leeds and claims that he is not alone in his view that change is needed.
“I think the model of the Championship should be reconsidered, because the turnover of owners is not really a healthy system,” The Guardian reported Radrizzani telling the Leaders Sport Business Summit.
“It is not sustainable to stay in the Championship.
“This model, and also the small money they [the EFL] generate from TV rights, split between 72 clubs, maybe they need to reconsider, and consider another way, to create a Premier League Two or something else that can be sustainable.”
With the majority of Championship clubs making losses last season, Radrizzani may have a point, but he also argues that the Whites suffer because of their popularity.
“We should concede that a club like Leeds that is watched by 500,00 to 600,000 people live on Sky is getting from the league only £2m to £2.5m and are actually penalised, because we are more than 20 times on TV.
“Maybe we should reconsider the system because it doesn’t work.”
What exactly a Premier League Two would look like is not clear, but it is not the first time a similar idea has been mooted.
It is only natural that clubs with large fanbases and a history of playing in the Premier League such as Leeds and Aston Villa will feel most aggrieved by the current financial rewards on offer.
Therefore, they will from time to time agitate for change and a larger slice of the money going to top-flight clubs who themselves will resist those calls for change.
Responding to Radrizzani’s comments, the EFL pointed out that its improved TV deal is worth £600 million over five years from 2019-20 and that Championship clubs receive £4.6 million each from the Premier League as “solidarity” payments.
“The Championship remains one of the most competitive and unpredictable divisions in world football,” their statement read.