If you want to create a "level playing field" then pool ALL revenue for the 20 premier league clubs and divide 40% EQUALLY between the 20 clubs, 20% to the championship clubs, 15% to League one, 10% to League two and the rest to the lower parts of the pyramid and grass roots football.
By ALL revenue, I mean ticket sales, sponsorship, TV revenue, corporate lounges, European monies, pre-season tour's etc (might mean pre season games at Bury and Macclesfield etc again instead of Thailand, Singapore or Australia etc).
This would lead to a level playing field in a few short seasons, the current Financial Sustainability and PROFITABILITY rules are designed not to level the field, or enhance the game for the match going fan, but if a club can only spend 70% of the revenue generated by football, on football expenses, who keeps the other 30%?
NO wonder USA hedge funds are looking to take over clubs.
In the Irish League, for generations Linfield and Glentoran had the largest fan bases and won the most trophies, then the owner of a creamery in Portadown invested heavily in his local club, while a wealthy businessman done the same for local rivals Glenavon, result was a very healthy competition for a few years with four sides competing for the shiny things.
Glenavon and Portadown fell away and couldn't maintain the support, but Crusaders and Cliftonville got investment and were able to compete, then Mr Purple Bricks invested heavily in Larne, who won their first ever league title last season.
Since 1992 the English game went global so the money required to challenge those who were getting most TV revenue, and then CHAMPIONS LEAGUE money was no longer possible for a Jack Walker type