Liverpool tunnel
BreakingFeaturedFootballHighlightSportsTrending Story

Facts you need to know about the new breakaway European Super League

246

 

The new Super League model announced Sunday by big football clubs across Europe would strip the UEFA Champions League of its most attractive and most successful teams and effectively walling off the richest clubs in their own closed competition — and allowing them to split the billions of dollars in annual revenue among themselves. According to announcement by the Super League founders, the clubs will split 3.5 billion euros (almost $4.2 billion) for signing on to establish “a sustainable financial foundation.” The per-team figure means each founding club will receive about $400 million — more than four times what the Champions League winner took home in 2020.

 

Chelsea: Two goals in the first half did the job
Two goals in the first half, Terry and Anelka

The 12 teams that signed up as founders are, for the moment, limited to a dozen clubs from Spain, Italy and England. A cohort of six teams from the Premier League — United, Liverpool, Manchester City, Arsenal, Chelsea and Tottenham — represents the biggest grouping from a single country. Atlético Madrid is the other team from Spain that is said to have endorsed the project, while the Milan rivals Internazionale and A.C. Milan would join Juventus as Italy’s representatives.

What’s the format?

The inaugural edition will take place “as soon as practicable”, the announcement says. 

With an August start, it will feature two groups of 10 playing home and away, and the top three qualifying for the quarter-finals. 

The fourth and fifth-placed teams will play off for the remaining quarter-final spots. The quarter and semi-finals will be played over two legs and the final is a single game at a neutral venue. 

There are also plans for a women’s version.

 

MANCHESTER, ENGLAND – MARCH 04: Coach of Manchester City, Mikel Arteta looks on during the Premier League match between Manchester City and Chelsea at Etihad Stadium on March 4, 2018 in Manchester, England. (Photo by Laurence Griffiths/Getty Images)

 

What’s behind all this? 

Money. Europe’s top clubs have long agitated for the income that guaranteed annual competition against their fellow powers would bring. Currently, they have to qualify for the Champions League by placing high in their domestic competitions, and then make it through the season-long tournament to reach the high-profile latter stages.

The clubs, saddled with big debts and huge wages for their star players, say the pandemic has “accelerated the instability in the existing European football economic model”.

The Super League will bring them far more than the Champions League. The founding clubs are expected to receive more than 10 billion euros in uncapped “solidarity payments” during their initial commitment period. 

They will also receive 3.5 billion euros for infrastructure investment and to offset their losses from the pandemic.

By comparison, UEFA competitions generated 3.2 billion euros in TV earnings in the pre-pandemic 2018-2019 season.

 

What’s the reaction thus far?

The condemnation was widespread and swift. European football’s governing body UEFA and English, Spanish, and Italian football authorities issued a joint statement threatening to ban participating clubs from “any other competition at domestic, European or world level”. Players could even be barred from their national teams, they said. 

World body FIFA said it “can only express its disapproval” about a competition “outside of the international football structures”.

British Prime Minister Boris Johnson said the plans were “very damaging for football” and “would strike at the heart of the domestic game”. French President Emmanuel Macron praised French clubs for not taking part.

Fans were also incensed, with the Chelsea and Tottenham supporters’ trusts calling it a “betrayal”, and the Arsenal Supporters Trust saying it was the “death of Arsenal as a sporting institution”. 

Leave a comment

Related Articles

Naira Abuse: EFCC to arraign Cubana Chief Priest

The Economic and Financial Crimes Commission has filed a three-count charge against...

The Inventive Side of the Male Grooming Business

by Ella Samuel Looking good is no longer a female thing; men...

FG commences allocation of 8,925 houses to applicants nationwide

The Federal Government has commenced the allocation of 8,925 houses it built...

Breaking: NCAA suspends licenses of three private jets

The Nigerian Civil Aviation Authority (NCAA) says it has suspended the permits...

Senate President to Police I-G: Rid Police Force of corrupt officers

“As we honour the good officers, let us weed out the bad...

Governance: El-Rufai sends strong message to Pres. Tinubu

“What we must do as citizens is pray for our leaders for...

Industry and Trade Minister promises Nigerian Breweries, business community enabling environment

The Minister of Industry, Trade, and Investment, Dr. Doris Uzoka-Anite, has reaffirmed...

Updated: Kano APC sacks ward leaders for suspending National Chair Ganduje

The Kano State Working Committee of the All Progressives Congress has nullified...

Just in: APC National Chair Ganduje suspended by Kano APC EXCO

Alhaji Abdullahi Ganduje, the national chairman of the All Progressives Congress (APC),...

Nigeria’s high inflation rate will be tamed soon – Onanuga

The Presidential Adviser on Information and Strategy, Mr. Bayo Onanuga, has predicted...

Self-styled Yoruba agitators’ invasion of Oyo Gov’s Office act of terrorism, says Gov. Makinde

More than 48 hours after self-acclaimed Yoruba Nation agitators invaded Oyo State’s...

ECOWAS Deploys A Fact-Finding Mission To Togo

The President of the ECOWAS Commission, H.E. Omar Alieu TOURAY, has deployed...

Support Tinubu or exit his govt, Matawalle tells Northern appointees

All Northern appointees from the Northern part of the country serving in...

Just in: For umpteenth time, national grid collapses, falls to 629.90MW

Again, the national grid has collapsed, the sixth in 2024, plunging the...

Breaking: Nigeria’s inflation rate jumps to 33.2% in March 2024 – NBS

Nigeria’s inflation rate increased to 33.2% for the month of March 2024,...

After 119 years, Leverkusen are Champions of Germany

For the first time in the club’s 119-year existence, Bayer 04 Leverkusen...

Iran launches hundreds of missiles, drones against Israel

Iran’s mission to the United Nations has released a statement on the...

I joined Super Falcons by chance – sensational star Michelle Alozie

Super Falcons sensational star Michelle Alozie has disclosed that she became part...

Bobrisky: EFCC faces allegations of selective prosecution of naira abusers 

Social media platforms are now awash with videos showing some VIPs engaging...