Loss-making Championship clubs have raised the stakes in their £1.2bn gamble to reach the Premier League by voting in new financial rules.

EFL clubs will vote on Friday on changes to financial regulations that would widen the gap in spending power between the Championship and League One

There will be new financial rules in place next season as the Championship adopts the same rules as the Premier League.

Loss-making Championship clubs have raised the stakes in their £1.2bn gamble to reach the Premier League by voting in new financial rules.