Rick Parry has sparked civil war after cooking up a Premier League coup with Liverpool and Manchester United.
It has provoked a furious reaction from the Premier League, other top flight clubs and brought a stinging reaction from the Government.
A spokesman for the Department for Digital, Media, Culture and Sport said: ”We are surprised and disappointed that at a time of crisis when we have urged the top tiers of professional football to come together and finalise a deal to help lower league clubs there appear to be backroom deals being cooked up that would create a closed shop at the very top of the game.
“Sustainability, integrity and fair competition are absolutely paramount and anything that may undermine them is deeply troubling. Fans must be front of all our minds, and this shows why our fan led review of football governance will be so critical.”
The Premier League do not view it as a rescue plan but as a hostile takeover and even criticised EFL chairman Parry publicly in their own statement and Mirror Sport understands it has caused a huge rift between the two leagues, endangering any EFL bail out.
Liverpool’s owners Fenway Sports Group are believed to have initiated the plan, it has been supported by the United hierarchy but has been done without knowledge of the other clubs and is now in danger of collapsing before getting to first base.
The plan would give bigger clubs more power, the Premier League would be reduced to 18 clubs and an overhaul of the League Cup with the Community Shield scrapped in exchange for a £250m bail out for the EFL.