Football Association chairman Greg Dyke has officially unveiled plans to introduce a new division consisting of Premier League 'B teams'.

The governing body's commission have come up with a number of initiatives to improve English football and increase the number of homegrown players competing in the top flight.

A new 'League Three' is due to be implemented beneath League Two containing the 'B teams', which would be subject to promotion and relegation.

"We have had a lot of interest and enthusiasm from the big Premier League clubs about having B teams in a lower division," Dyke said in a press conference. "Liverpool, the Manchester clubs, Stoke, Tottenham have no problems in talking about it and recognise the problems they have got.

"They are spending lots of money on youth development but don't have anywhere for these players to play before the first team.

"It was agreed that by 2022 our target should be that there are 90 English players playing regularly in the top European leagues, compared with 66 today, and of those 90 we would want at least 30 playing in the top six teams."

The commission have also proposed loan partnerships between Premier League, Championship and lower league teams, as well as a reduction in non-homegrown players in top flight squads from 17 to 12 over five years.

It has also been put forward that no non-EU players should join clubs outside of the Premier League.