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The first thing to sort out is the trickle down money, it should be split equally between the EFL clubs not as it is done now with the Championship clubs getting about 90%
Tyke, SM will correct me if I am wrong, The EFL to my knowlwdge get a sum of money over and above the parachute payments, directly from the Premiership TV fund which is split very unequally among the EFL member clubs with the Championship getting by far the biggest share of the pie. Hence the big difference in getting promotion from division 1 to the Championship exactly the same as from the championship to the premiership millions of pounds difference.