Top Premier League clubs have been threatened by the government over a proposal that could see a major shake-up to the structure and finances of English football.
Culture Secretary Oliver Dowden told Sky News he was "quite sceptical" about the plan - proposed by Liverpool's owners Fenway Sports Group (FSG) and backed by Manchester United - as he hit out at "backroom deals".
He warned that he would have to "look at the underlying governance of football" if the controversial bid - under the banner of Project Big Picture - went ahead.