Arsenal, Chelsea, Man City hit hardest by 'landmark' deal - Ex-PGMOL chief analyses 'important' news

Premier League stars have historically, and currently, lined their own pockets, but a new deal in the top tier could change things drastically.

That is according to former PGMOL chief and ex-FIFA referee, Keith Hackett, who exclusively told Football Insider that the importance of fresh funds will be greatly felt throughout the football pyramid.

Upwards of £150million is distributed across the Championship, League One and League Two, with the National League receiving between £23m and £27m.

But a new deal would see the likes of Arsenal, Chelsea and Manchester City become the biggest contributors due to an increased transfer levy.

According to Sky News' Mark Kleinman, Premier League clubs are likely to vote soon on a new "landmark" deal, which would see £1.5billion handed over to Football League clubs over the next decade.

The new deal would mean that the division's highest earners, such as the previous trio named, would have to pay the most, thanks to the proposed redistribution formula, rather than every club paying the same.

Keith Hackett excited about Premier League's new financial deal

Speaking exclusively to Football Insider about the news, Hackett explained the importance of a deal, such as this one, at what it would mean for clubs lower down the pyramid.

"I think it's important, but the reality is and has been that the majority of the money that the Premier League secures goes into the players' pockets," he said.

"In recent times we have had some clubs developing the structures from within like Everton and their new stadium. Manchester United's in the planning stage.

"I think any money that's cascaded down to grassroots football is important, and the Premier League, over a number of years, have done that.

"They've done that through the Football Foundation. There are a lot of clubs that now are playing on 3G-quality facilities because of the investment that the Premier League has put in through the Football Foundation.

"And without Football Foundation and that money, I think some clubs would struggle."

'What about grassroots football?'

The reaction the news has been mostly about the same thing - grassroots football - where a young player's dreams all start.

Clearly, it is impossible please everybody in one fell swoop, but this deal would certainly be a step in the right direction to protecting the beautiful game.