https://www.skysports.com/football/news/11095/12101655/premier-league-liverpool-and-manchester-united-propose-major-changes-to-english-football
Liverpool, backed by Manchester United, have suggested reducing the Premier League to 18 teams and scrapping the League Cup. Those are miniscule compared to the bigger points:
One of the most appealing parts for some EFL clubs may be 25 per cent of all combined Premier League and EFL revenues going to EFL clubs, with an advance of up to £250m being made available early to help during the pandemic. The proposed changes would put the majority of the power into the hands of the biggest clubs, ending the division's current one-club, one-vote system. The plan calls for the nine clubs with the longest continued presence in the league, which includes the 'big six' to be given "long-term share-holder" status and the ability to make changes with the support of just six of the nine. Along with the £250m up front payment to the EFL, the FA would also receive £100m as a gift.