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FOOTBALL
Botched breakaway to European Super League costs ‘big six’ clubs millions
Manchester United and Liverpool were two of the clubs involved in the proposed creation of a European Super League
GETTY IMAGES
Martyn Ziegler, Matt Lawton
Tuesday June 08 2021, 10.30pm, The Times
The Premier League is close to agreeing a settlement with the European Super League rebels that would mean the “big six” clubs paying out millions of pounds for their part in the failed breakaway.
The six — the two Manchester clubs, Liverpool, Arsenal, Chelsea and Tottenham Hotspur — have not faced formal disciplinary charges from the Premier League, as efforts have focused instead on striking a similar peace deal to Uefa’s settlement with the English clubs, Atletico Madrid, Inter Milan and AC Milan.
Although some of the other 14 Premier League clubs had wanted harsher sanctions for the breakaway attempt, including points deductions, league chiefs are understood to have proposed a financial settlement.
A bone of contention has been over whether all of the money should go to good causes or some should be distributed among the other 14 clubs. Following heated talks, it appears an agreement is close and may even be finalised before tomorrow’s annual meeting.
The Premier League is believed to have taken the view that a settlement agreement would be much quicker than opening a formal disciplinary process, and less divisive in the long term. The league is also planning changes to its constitution to block any similar breakaway attempt.
The Uefa sanctions led to the American owners of Liverpool, United and Arsenal paying up to £7 million from their own pockets. Fenway Sports Group, the Glazers and Kroenke Sports and Entertainment said they would cover the financial hit arising from the failed coup rather than using club revenues. Nine of the 12 sides who sought to start the breakaway league accepted measures which included the withholding of 5 per cent of the revenues they would receive from Uefa club competitions for one season — worth between £3.5 million and £5.5 million.
In addition, the nine clubs agreed to donate a combined £13 million to Uefa which will be used for the benefit of children, youth and grassroots football in local communities across Europe, including the UK, and to have fines of € 100 million (about £86m) imposed if they seek to play in such an unauthorised competition again.
Real Madrid, Barcelona and Juventus, who have refused to pull out of the ESL scheme, are facing possible bans from European competition after being charged by Uefa.
This is why I’ve lost interest, it’s a closed shop.
Risible, truly risible.
next time they will make sure that what they are entering into doesn't fall within the penalty clauses outlined own this "punishment'.It's just a joke. 3 million does absolutely nothing. Even if they try again, 20 million and 30 points won't deter them, because if they try again, they will follow through with it. They now know they have a get out of the PL for £20m. That's pennies to the owners (when they will get much more from TV rights in an ESL)
Loads of anger about it and all the protests their own fans did. But as fans of the rest of the clubs, we will do nothing about the joke of a punishment so they just get away with it and then they leave in 3 years time.