The Football Association will veto any deal that would see television rights for some England games sold collectively by UEFA if it meant their broadcast revenue being slashed.
The FA is in negotiations with European football's governing body, which wants to centralise the awarding of such rights for European Championship - and possibly World Cup - qualifiers.
That could result in a reduced cashflow for the FA, which is insisting upon being compensated for any shortfall. It played down reports that could be as much as £100million but the black hole is significant enough for it to dig its heels in over the matter.
