The Football League's chairman, Greg Clarke, has comprehensively seen off the prospect of a vote of no-confidence at the annual meeting of all 72 clubs in Portugal, at which it also emerged that a deal was close with the Premier League over solidarity payments.

Some League Two clubs had been angry with Clarke over the way in which money from the Premier League is distributed and others had raised concerns over the collapse of negotiations over a title sponsorship deal with B&Q. But when the matter of Clarke's future was discussed at its annual meeting in Vilamoura, it is understood that only a handful of the 72 clubs opposed a motion from Leeds United's chairman, Ken Bates, to dismiss any concerns and move on.

The clubs will endorse a financial package of payments from the Premier League for the next three years that has caused deep disquiet among some. They are concerned about the disparity between the increased parachute payments for clubs relegated from the top flight, which will now total £59m over four years in a pre-existing deal, and solidarity payments that will rise only modestly and give Championship clubs £2m a year each.

Clarke, who will switch to a nonexecutive chairman's role once the Football League recruits its first ever chief executive, had proposed that the effect could be mitigated by redistributing its own TV money so that newly relegated clubs did not receive any or by introducing new wage controls.

But the Premier League said the overall offer, which also includes ringfenced financial assistance for youth development and community schemes, would have to be reconsidered if the terms changed. As a result, the Football League will essentially accept the offer as originally proposed.

Clarke was also asked about his dalliance with the FA chairmanship, in which he narrowly lost out to Greg Dyke. Some clubs were said to be upset that they hadn't been informed, but he is understood to have argued that he did not apply for the role but was asked to consider it. He also said he had encouraged Dyke to apply in the first place.

On the second day of the meeting, Football League clubs are expected to impose new restrictions on overseas loan players following Watford's exploitation of the system last season.

The number of loan players at Watford stretched to 14, with 10 of them from the Italian side Udinese.

The Pozzo family who own Watford also own the Serie A club, while other players have come from another club owned by the family, Granada in Spain.

The use of foreign loan players circumvented Football League rules which restrict match-day squads to five loan players, with a maximum of four from any one club.

At the AGM, they are expected to bring the overseas loan player rules into line with the domestic regulations. A majority of 51% of clubs, including 51% of Championship clubs, is needed but the proposal is expected to receive overwhelming support.