Bolton chairman Phil Gartside has called for revolutionary changes to the Premier League. He is proposing a two-division Premier League be set up - and perhaps even with no relegation to the Football League.
Gartside has also demanded that British club owners be protected from foreign tycoons.
Gartside said: "We have to start considering what the structure of the league is, and it is time to look at two Premier Leagues - Premier League One and Premier League Two - and the way the finance is allocated.
"You could have 36 Premier League clubs split into 18 and 18 and that would also solve the problems of the winter break and supporting the England team.
"It would even everything out and it would make it more competitive on that basis.
"We have already got to the situation where the three clubs that go down from the Premier League are usually the three that come up, although a couple of others might sneak in.
"I don't have the answers but it is certainly time for a debate - perhaps even on not having relegation from a second division of the Premier League."
Gartside, who has been a Bolton director for 20 years and chairman for nine, said clubs should not fear change.
He added: "It would be revolutionary but I don't think this would be as revolutionary as when the Premier League was set up, and we should open our minds to change. I know a lot of Football League clubs won't like it - but a lot will.
"If the FA and the Government are going to start looking at debt structure and financial constraints on clubs then we are going to have to do something."
Gartside feels that owners of clubs such as Bolton, Middlesbrough, Wigan and Blackburn need protection from overseas investors.
"The traditional type of owner are something of a dying breed, instead you have the Sheikh of wherever and people like the Glazers coming in.
"Local businessmen like (Bolton owner) Eddie Davies, the late Jack Walker (at Blackburn), Dave Whelan (Wigan) and Steve Gibson (Middlesbrough) have given their town teams unbelievable financial backing.
"They need to be protected in some way from the influx of outside investors with seemingly unlimited funds."
