On the field, the competitive nature and ability of clubs to progress through the football pyramid will be reduced, while off the field, revenues will be in danger of collapsing which will have a knock-on effect for our communities, not just our clubs.
There has been widespread anger against the plans. From the corridors of power within Downing Street, UEFA and the Premier League to the ordinary fan in the street.
That’s why we have launched our For the Fans survey, the aim being to highlight the potential repercussions to our clubs further down the football pyramid.
Now we want to hear about what YOU have to say about how this proposal would affect Posh and other clubs in the region.
Do you think the new league will be good for football in some way? Or the communities they are part of?
Should the ‘Big Six’ be kicked out of the Premier League? Or would that just be punishing the fans of those clubs who are equally angered by the plans?
And should players of clubs taking part be banned from playing international football in future?
These are just some of the questions we want to hear your opinions on.
Please let us know your views by taking our quick survey here and we’ll bring you the results in the days ahead.