Premier League clubs reject initial TV deal
Premier League clubs have rejected an initial proposal to end the equal distribution of overseas TV money and base it on league position.
The six richest clubs - Manchester City, Manchester United, Tottenham, Arsenal, Liverpool and Chelsea - all want their appeal reflected in their income.
The plan, presented by the Premier League chairman Richard Scudamore, suggested 35% of global revenue should be divided based on league position.
But at a meeting on Wednesday, no vote was taken due to a lack of support.
"Clubs agreed to adjourn to allow further discussion," a statement read.
It had become clear during the meeting that the plan was significantly short of gaining the support of the 14 clubs needed for it to be passed. The issue will be discussed again at the next meeting of club bosses in November.
Speaking after his appearance at the Sport Business Summit at Stamford Bridge, Swansea co-owner Steve Kaplan told BBC Sport: "Everyone came into the room with good intentions. I think they still have good intentions. I'm optimistic."
The £3bn overseas deal for 2016-19 generates £39m annually for each club - and for the previous 25 years there has been an equal sharing of international broadcasting income between the clubs.
But new contracts for international markets such as China and the United States for the next period between 2019 and 2022 have been booming in value, and the big six clubs want a greater share.