Clubs in the Championship are meeting to talk about plans for a salary cap in the division totalling £18m, according to reports.
Proposals were sent to clubs last month and were asked for their views about the financial restrictions.
Six unnamed clubs were part of a working group to review the responses given and met earlier this month.
Sky Sports now reports that the findings will be put to all 24 Championship clubs today and the cap could be introduced for the 2020/21 season.
Other issues up to discussion include squad sizes, future financial rules and sustainability in the future.
The £18m salary cap could also potentially include agents fees, while topics such as promotion bonuses and under 21 players are also up for discussion.
However, with Leeds United promoted to the Premier League for next season, the Whites will avoid the implications of these proposals if implemented in time for the 2020/21 campaign due to now being a top flight club.
Salary caps in League One and League Two have also been discussed at the £2.5m and £1.5m levels respectively.
The measures are being discussed as part of football’s response to the coronavirus pandemic, which has highlighted and exacerbated finances among clubs in the game, particularly below the Premier League.
An EGM would need to take place to put any of the proposed changes being talked about, such as salary caps, into regulations.
The Championship concluded yesterday evening with Leeds United and West Bromwich Albion promoted automatically to the Premier League.
Brentford, Fulham, Swansea City and Cardiff City will contest the play-offs.
At the bottom, Charlton Athletic, Wigan Athletic and Hull City have been relegated to League One.
However, Wigan are appealing a deduction of 12 points which they were hit with for falling into administration and was applied at full-time against Fulham, consigning them to the bottom three at this time.
The appeal against the sanction is due to take place at the end of July.
The seasons in League One and League Two were both curtailed early after clubs in both opted to end the campaign without any further action on the pitch, except for the play-offs, and the tables were decided on a points per game basis.
