The plans were aimed at reshaping the finances of the game and reportedly saw the Premier League hand out a £ 250million bailout package to the English Football League to help clubs weather the coronavirus crisis.
Along with this, both the League Cup and the Community Shield have reportedly been dropped, with controlling power over the Premier League being transferred to the biggest clubs in the division.
However, the Premier League has now confirmed that the envisaged reforms were rejected following a meeting between the clubs.
“The shareholders of the Premier League have today unanimously agreed to work together as a collective of 20 clubs on a strategic plan for the future structures and financing of English football,” the statement said.
“The Premier League clubs have also agreed that the Big Picture project will not be approved by the Premier League, any of its clubs or the FA. ”
A recap of today’s United news.