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MARTIN SAMUEL: A complete lack of trust caused the death of Project Big Carve-up, as angry rivals turned on the Premier League's Big Two... now their idea has failed, let's see just how devoted these US venture capitalists are to the English pyramid

It was Everton who were the first to mention the T word. Trust. There wasn't a lot of it in the room, as the authors of Project Big Carve-up faced their fellow Premier League shareholders.

By the afternoon, a letter had been drafted suggesting a united front, with all 20 clubs as signatories. The project was dead, replaced by a review in which the entire Premier League, not just its most-entitled members, would contribute. But let's not pretend. It won't be the same.

The Big Six have been meeting in secret for some time now, and every club knew that.