The leaked documents have caused huge controversy
Tottenham and Liverpool would both be entitled to subsidies for their stadium upgrades in recent years, if ‘Project Big Picture’ goes ahead as currently proposed.
Project Big Picture is a list of proposals, leaked to the Telegraph at the weekend drawn up by the Liverpool and Manchester United owners, who plan to reshape the finances of the Premier League, bridge the gap between the top flight and the EFL and consolidate voting power among the ‘Big Six’.
One of the proposed ideas is for stadium upgrades to be subsidised. The Telegraph report that there would be a pot of £150 million set aside each year to help teams upgrade their stadiums.
And given their £1 billion outlay on their Tottenham Hotspur Stadium over the past few years, Spurs would be entitled to a £125 million rebate under this new set of rules, if they were to be given the green light.
Liverpool, who have upgraded their main stand at Anfield, would also be entitled to £30 million.
Clubs would be able to apply for up to £250 million to improve their stadium facilities, but only if they have been in the Premier League for 12 of the last 15 years.
Teams who have been in the Premier League for less time would be entitled to some, but not the same amount of money.
Giving more power to the longest serving clubs in the top flight is a constant theme throughout the set of proposals outlined in Project Big Picture, with the most controversial one being the consolidation of voting power among the ‘Big Six’ and three of the longest serving clubs in the top flight – West Ham, Everton and Southampton.
