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The six English football clubs that supported the European Super League will pay £ 22 million combined as they try to move from their role to the pro-independence competition which provoked a fierce reaction.
The “gesture of goodwill” follows similar sanctions from Uefa, the governing body of European football, with the gaming authorities eager to ensure that there are deterrents to prevent future rupture projects.
Arsenal, Chelsea, Liverpool, Manchester City, Manchester United and Tottenham Hotspur will share the collective cost, which is a fraction of their combined income of £ 2.6 billion for the 2019/20 season. The money will fund community and grassroots football programs.
The six have agreed to amend the rules meaning that any future attempts to launch new competitions will be punished with deductions from points and fines. Any club would be docked at 30 points and fined an additional £ 25 million.
The Premier League, the world’s most lucrative national football competition, and the Football Association, the governing body of the game in England, announced the payment on Wednesday and added that the six clubs had once again acknowledged their “mistake”. “.
“The Premier League and the FA have worked closely together throughout this process and this agreement concludes both investigations into the matter,” they said.
The Super League he tried to revise the pyramid structure of European football, but failed to get the support of the fans. Since the effective collapse of the project, the Premier League has been working to ensure that the project attempt cannot be repeated.
Sky News first reported the payment.
The level of scrutiny forced the six clubs to withdraw from the project a few days after its announcement, but the actions of the Premier League and other football authorities show the continuity of the consequences.
The UK government has established an official review to assess the governance of football. The review, led by former government minister Tracey Crouch, will assess whether the industry requires an independent regulator. Club property is also being considered.
Clubs are usually owned by super rich shareholders. Despite millions of euros in sports revenue, it is common for teams to record losses. The coronavirus pandemic has exacerbated the financial crisis in football, with top clubs across Europe suffering losses of up to 8.1 million euros in the two seasons affected by the public health crisis.
The punishment comes just weeks after Uefa took action against English teams, as well as against AC Milan and Inter Milan and Atletico Madrid in Spain.
Under the agreement with Uefa, the nine clubs will donate 15 million euros to grassroots and youth football in local areas. The teams also agreed to give up 5% of European competition revenue for a season and face fines of 100 million euros if they try to join another breakaway project.
Spanish FC Barcelona and Real Madrid and Italian Juventus are still in dispute with the governing body. All three clubs have refused to back down for their support of pro-independence competition.
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