Premier League clubs have failed to agree on a plan to change the way that they share income from overseas broadcasting deals.

At present, the money is distributed equally and each team received around £39m from the overseas deal last season.

The 20 top-flight outfits met on Wednesday to discuss the issue and unanimously agreed to adjourn the meeting to allow further discussion.

According to BBC Sport, the six richest clubs - Manchester City, Manchester United, Tottenham Hotspur, Arsenal, Liverpool and Chelsea - want their appeal reflected in their income.

The report goes on to claim that a plan presented by executive chairman Richard Scudamore suggested that, as a compromise, 35% of global revenue should be divided based on league position.

Due to the difference in opinion between two distinct camps, it was decided that they should discuss the matter further and try to find some common ground at their next scheduled meeting in November.

The league currently has more than 80 deals with overseas broadcasters which bring in more than £1bn a season.