Premier League clubs have rejected an initial proposal to end the equal distribution of overseas TV money.

The six richest clubs – Manchester City, Manchester United, Tottenham, Arsenal, Liverpool and Chelsea – want their appeal reflected in their income.

And a plan – presented by the league’s executive 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.

The issue will be discussed again at the next meeting of club bosses in November.