Overview

• Birmingham City co-owner Tom Wagner argued any settlement must not dilute the Premier League’s international competitiveness or the value of its biggest clubs.
• He urged the EFL to prioritise growing revenue through wider global distribution and marketing rather than larger transfers of central income.
• Wagner said the league’s appeal rests on multiple elite teams and suggested there is room for up to 10 dominant sides, with Birmingham aiming to join them.
• No deal has been reached between the Premier League and the EFL, which is pushing for a much larger share to bridge a revenue gulf exceeding £5 billion between the top two tiers.
• The Premier League cites a £1.6 billion commitment to the wider pyramid, the EFL denies rejecting a “generous” offer described by Karren Brady, and a new regulator holds backstop powers to impose terms.