You'll have plenty to celebrate when you subscribe to the Liverpool FC newsletter Sign me up Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email

Liverpool will argue that it’s time to change the way in which overseas TV money is allocated at a crunch Premier League meeting in London on Wednesday.

The Reds are in favour of a proposal from the Premier League’s executive chairman Richard Scudamore that 35% of the international broadcasting revenue is distributed based on where a club finishes in the table, but it’s struggling to gain sufficient support.

Currently, the £3billion overseas deal for 2016 to 2019 is split equally among all 20 clubs and last season that was worth around £39million each.

The ‘big six’ Liverpool, Manchester City, Manchester United, Tottenham, Chelsea and Arsenal believe they deserve a bigger slice of the TV money because of their global popularity and Scudamore has been keen to broker a compromise ahead of the next TV deal.

Everton, Leicester and West Ham are also on board, taking support for the proposal to nine clubs, but it will need the backing of at least 14 clubs for the change to be approved.

Liverpool chief executive Peter Moore is expected to attend Wednesday’s meeting in the capital and vote on the club’s behalf.

The Reds have long since been calling for a shake up in the way the TV money is allocated.

Back in 2011 then managing director Ian Ayre said: “If you are in Kuala Lumpur, there isn’t really anyone subscribing to Astro or ESPN to watch Bolton.

“The large majority are subscribing because they want to watch Liverpool, Man United, Chelsea and Arsenal.

“Is it right that the international rights are shared equally between all 20 clubs? Some people will say ‘You’ve got to all be in it to make it happen’, but isn’t it really about where the revenue is coming from, which is the broadcaster, and isn’t it really about who people want to watch on that channel?”