Twelve biggest and most loved football clubs in Europe have announced their breakaway and the formation of a new competition.
NEWS MAIL NG gathered that with the formation of the new competition, each club will receive £3billion. Clubs like Arsenal, Chelsea, Liverpool, Manchester City, Manchester United and Tottenham had all been declared as members of the new league.
While from Spain, Barcelona, Real Madrid and Atletico Madrid also joined and Inter Milan, Juventus and AC Milan joined from Italy.
UEFA, Premiere League, Serie A and La Liga managements released a joint statement threatening to stop the breakaway by all means including banning the clubs from participating in domestic competitions but this didn’t move the 12 clubs. They released a press statement in response, saying they will go on with their plans.
A statement from the newly formed group read, “Twelve of Europe’s leading football clubs have today come together to announce they have agreed to establish a new mid-week competition, the Super League, governed by its founding Clubs.
“AC Milan, Arsenal, Atletico Madrid, Chelsea, Barcelona, Inter Milan, Juventus, Liverpool, Manchester City, Manchester United, Real Madrid and Tottenham Hotspur have all joined as founding clubs.
“It is anticipated that a further three clubs will join ahead of the inaugural season, which is intended to commence as soon as practicable.
“Going forward, the founding clubs look forward to holding discussions with Uefa and Fifa to work together in partnership to deliver the best outcomes for the new League and for football as a whole.
“Further, for a number of years, the founding clubs have had the objective of improving the quality and intensity of existing European competitions throughout each season, and of creating a format for top clubs and players to compete on a regular basis.
“The pandemic has shown that a strategic vision and a sustainable commercial approach are required to enhance value and support for the benefit of the entire European football pyramid.
“In recent months, extensive dialogue has taken place with football stakeholders regarding the future format of European competitions.
“The founding clubs believe the solutions proposed following these talks do not solve fundamental issues, including the need to provide higher-quality matches and additional financial resources for the overall football pyramid.
“As soon as practicable after the start of the men’s competition, a corresponding women’s league will also be launched, helping to advance and develop the women’s game.
“The new annual tournament will provide significantly greater economic growth and support for European football via a long-term commitment to uncapped solidarity payments which will grow in line with league revenues.
“These solidarity payments will be substantially higher than those generated by the current European competition and are expected to be in excess of €10 billion during the course of the initial commitment period of the Clubs.
“In addition, the competition will be built on a sustainable financial foundation with all founding clubs signing up to a spending framework.
“In exchange for their commitment, founding clubs will receive an amount of €3.5 billion solely to support their infrastructure investment plans and to offset the impact of the COVID pandemic.’
Real Madrid president, Florentino Perez will serve as the Super League’s first Chairman, with Liverpool’s John W. Henry, Manchester United’s Joel Glazer, Arsenal owner, Stan Kroenke and Juventus chief, Andrea Agnelli all appointed as vice-chairmen.
Perez said of the new breakaway Super League: “We will help football at every level and take it to its rightful place in the world. Football is the only global sport with more than four billion fans and our responsibility as big clubs is to respond to their desires.”
FIFA has also disapproved the formation of the new competition and asked for calm and constructive dialogue for the good of the game.
FIFA : “In view of several media requests and as already stated several times, FIFA wishes to clarify that it stands firm in favour of solidarity in football and an equitable redistribution model which can help develop football as a sport, particularly at global level, since the development of global football is the primary mission of FIFA,” read their statement.
“In our view, and in accordance with out statutes, any football competition, whether national, regional or global, should always reflect the core principles of solidarity, inclusivity, integrity and equitable financial redistribution. Moreover, the governing bodies of football should employ all lawful, sporting and diplomatic means to ensure this remains the case. Against this background, FIFA can only express its disapproval to a “closed European breakaway league” outside of the international football structures and not respecting the aforementioned principles.
“FIFA always stands for unity in world football and calls on all parties involved in heated discussions to engage in calm, constructive and balanced dialogue for the good of the game and in the spirit of solidarity and fair play. FIFA will, of course, do whatever is necessary to contribute to a harmonised way forward in the overall interests of football.”