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Soccer-Lower league clubs eye financial boost from ‘Big Picture’

Soccer-Lower league clubs eye financial boost from ‘Big Picture’

Oct 13 (Reuters)Several lower-league clubs have welcomed controversial proposals for restructuring England’s top flight, highlighting the financial boost the changes would bring as they struggle to stay afloat.

The proposals would give more power to the big Premier League clubs, reducing the top division to 18 teams from 20 for the 2022-23 season and scrapping the League Cup and Community Shield.

The Premier League would also provide 25% of future broadcast revenue to English Football League (EFL) clubs and a 250 million-pounds ($326 million) fund to help with the COVID-19 crisis.

EFL Chairman Rick Parry has said the plans, dubbed “Project Big Picture”, had been drawn up together with Liverpool and Manchester United, though the clubs have not made public statements on the proposals.

It is not clear how many Premier League or EFL clubs have been consulted about the proposals and the Premier League itself has been critical of the plans.

The government has criticised the plan as a “backroom deal” and a “power grab”.

But Nigel Travis, chairman of League Two (fourth-tier) Leyton Orient, told the BBC that several EFL clubs could disappear within five to six weeks without financial support.

“This isn’t about the pandemic, this is about a crisis in football that goes back many years,” Travis added. “Before the pandemic, 75% of clubs were losing money – that can’t continue.

“I know you are talking about ‘Project Big Picture’ – this is a great proposal as far as we are concerned. It is certainly very promising and clubs need it.”

Dale Vince, chairman of League Two’s Forest Green Rovers, said the plans would ensure financial stability in the EFL, while Fleetwood Town owner Andy Pilley said the move was a potential game-changer for lower league sides.

“We desperately need this money,” Pilley told

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Lower league clubs eye financial boost from ‘Big Picture’

Lower league clubs eye financial boost from ‘Big Picture’

(Reuters) – Several lower-league clubs have welcomed controversial proposals for restructuring England’s top flight, highlighting the financial boost the changes would bring as they struggle to stay afloat.



FILE PHOTO: Premier League - Chelsea v Liverpool


© Reuters/MICHAEL REGAN
FILE PHOTO: Premier League – Chelsea v Liverpool

The proposals would give more power to the big Premier League clubs, reducing the top division to 18 teams from 20 for the 2022-23 season and scrapping the League Cup and Community Shield.

The Premier League would also provide 25% of future broadcast revenue to English Football League (EFL) clubs and a 250 million-pounds fund to help with the COVID-19 crisis.

EFL Chairman Rick Parry has said the plans, dubbed “Project Big Picture”, had been drawn up together with Liverpool and Manchester United, though the clubs have not made public statements on the proposals.

It is not clear how many Premier League or EFL clubs have been consulted about the proposals and the Premier League itself has been critical of the plans.

The government has criticised the plan as a “backroom deal” and a “power grab”.

But Nigel Travis, chairman of League Two (fourth-tier) Leyton Orient, told the BBC that several EFL clubs could disappear within five to six weeks without financial support.

“This isn’t about the pandemic, this is about a crisis in football that goes back many years,” Travis added https://www.bbc.co.uk/sport/football/54516180. “Before the pandemic, 75% of clubs were losing money – that can’t continue.

“I know you are talking about ‘Project Big Picture’ – this is a great proposal as far as we are concerned. It is certainly very promising and clubs need it.”

Dale Vince, chairman of League Two’s Forest Green Rovers, said the plans would ensure financial stability in the EFL, while Fleetwood Town owner Andy Pilley said the move was a potential game-changer for lower league

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Insights on the Motion Picture Global Market to 2027 – Opportunity Analysis and Industry Forecast

Insights on the Motion Picture Global Market to 2027 – Opportunity Analysis and Industry Forecast

DUBLIN–(BUSINESS WIRE)–Oct 12, 2020–

The “Motion Picture Industry by Genre, Demographics and Dimension: Global Opportunity Analysis and Industry Forecast, 2021-2027” report has been added to ResearchAndMarkets.com’s offering.

The global entertainment industry is growing steadily, with China, India and Southeast Asian countries outperforming the average growth. These countries are amongst the world’s youngest nations with more people under the age of 25. Rise in disposable incomes along with favorable demographics have resulted in increased propensity to spend on entertainment and leisure. With the expansion of theatres, markets in countries such as India, China, and others South East Asian nations are surging.

Growing middle class increasing per capita income, and working population are all together generating colossal domestic demand for leisure services – including entertainment. Players operating in the region are rapidly diversifying their offerings beyond their traditional domains; thus, leveraging synergies and building presence across diversified segments of the entertainment industry. Globalization of the motion picture industry, along with emergence of multiple entertainment options supplemented by relative easy access to capital have been some of the key growth factors that are driving the global motion picture market across geographies.

Uncertainties about current and future economic conditions might dissuade foot fall amongst multiplexes. The COVID-19 outbreak results in widespread economic crisis around the world. Emergence of an alternate platforms such as Netflix and Amazon Prime coupled with piracy of films act as major challenges for the engaged stakeholders.

Recent years have seen uprising of the online crowdfunding platforms. IndieGoGo was the first major platform which was launched in the year January 2008 however new crowdfunding platforms such as Kickstarter, Seed & Spark, Slated, The Bottom Line, have been launched owing to increasing popularity amongst stakeholders .One of the biggest crowdfunded movie in recent years is the Veronica Mars movie, which raised about

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