Major European Football Clubs Announce Formation Of Super League

 

Twelve of Europe's top football clubs have today announced that they have agreed to form a new competition, the Super League, governed by their Founding Clubs. AC Milan, Arsenal FC, Atletico Madrid, Chelsea FC, FC Barcelona, FC Internazionale Milano, Juventus FC, Liverpool FC, Manchester City, Manchester United, Real Madrid CF and Tottenham Hotspur have joined as Founding Clubs. Three more clubs will be invited to join before the opening season starts as soon as possible.

The Founding Clubs look forward to future discussions with UEFA and FIFA in order to identify the best solutions for the Super League and for world football as a whole.

The formation of the brand new league comes at a time while the worldwide pandemic has accelerated the instability of the current economic version of European soccer. The Founding Clubs have for years aimed to improve the exceptional and energy of current European competitions and, especially, to create a tournament in which the first-rate golf equipment and gamers can compete in opposition to each other on a greater frequent foundation.

The pandemic has shown that a strategic imaginative and prescient and business approach is wanted to increase value and aid for the gain of the football pyramid as a whole. Over the past months, there was an in depth session with the governing bodies on the future format of European competitions. The Founding Clubs agree with that the solutions proposed via the regulators do no longer solve the essential troubles, that are each the want to provide better best fits and to achieve extra economic sources for the whole international of soccer.

Format of the competition

-20 clubs will participate, the 15 Founder Clubs and 5 additional teams will qualify yearly on the premise of the previous season's overall performance;

-All suits will be performed midweek, all clubs will preserve to compete in their respective domestic leagues, retaining the traditional furniture which are on the heart of membership lifestyles;

-The season will start in August with clubs participating in two organizations of ten, gambling home and away suits; the pinnacle three in each organization will automatically qualify for the quarter-finals. The teams completing fourth and fifth will play an additional -legged playoff. Following this, -legged playoffs will take location from the zone-finals onwards, leading to the very last, as a way to be played as a unmarried in shape at the end of May at a neutral venue.

As soon as viable following the launch of the men’s competition, a girls’s league could be rolled out, a good way to contribute to the progress and development of the ladies’ sport.

This new annual match will permit for extensively stepped forward financial increase, with the intention to allow the golf equipment to assist the European sport through a protracted-time period commitment and could see the harmony contributions growth consistent with the sales generated by way of the new European league. The cohesion payments may be more than the ones currently generated via the European club competition machine and it is predicted that they'll exceed €10,000 million for the duration of the duration that the golf equipment have dedicated to. Meanwhile, the new competition can be constructed on the premise of sustainable economic standards, with all of the founding individuals having dedicated to a spending framework. In change for that commitment, the clubs will get hold of a complete one-off charge of €3.Five billion that's for the sole motive of making an investment in infrastructure and offsetting the effect of the COVID pandemic.

Real Madrid president and president of the Super League, Florentino Pérez, said that:

“We’re going to assist soccer at all stages and position it in its rightful location in the international. Football is the best worldwide game within the global with over four billion fans and, as large golf equipment, our duty is to satisfy the enthusiasts’ demands”.

In remarks in assist of the new European league, Andrea Agnelli, Juventus president and vice-president of the Super League cited that:

“Our 12 founder participants constitute hundreds of million of lovers across the world. We’ve come together at this crucial time to result in a metamorphosis inside the European sport to provide the game that we like the rules to make it sustainable in the destiny by using considerably increasing the team spirit payments and giving enthusiasts and novice gamers a dream and supplying video games of the very best nice that will feed their passion for soccer”.

Joel Glazer, Manchester United co-proprietor and Super League vice-president, declared that:

“By bringing together the high-quality golf equipment and players from across the world to play towards each other for a whole season, the Super League will represent a brand new bankruptcy for European soccer, while ensuring a competition and facilities of the very best first-rate and more monetary assist across the football pyramid in general”.