Five English clubs 'sign up to European Super League'

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OneFootball

Alex Mott

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Manchester United, Liverpool, Arsenal, Chelsea and Tottenham have agreed to potentially join a new European Super League.

That’s according to a bombshell report in The Times which claims that the five English sides have joined a cadre of six other teams that want to breakaway from the Champions League.

It comes on the eve of Uefa’s announcement of a new Champions League format, which in theory was supposed to help ease talk of the so-called ‘superclubs’ going their own way.

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The Times state that the new Super League would include:

“- The founder clubs sharing an initial 3.5billion (£3.1billion) euro “infrastructure grant” ranging from £310million to £89million per club which can be spent on stadiums, training facilities or “to replace lost stadium-related revenues due to Covid-19”.

“- The format would see two groups of 10 clubs who play home and away, with the top four from each group going through to two-legged quarter-finals, semi-finals and a one-legged final.

“- Matches would be midweek and clubs would still play in domestic leagues.

“- Clubs would have rights to show four matches a season on their own the digital platforms across the world.

“- Income from TV and sponsorship would favour the founding clubs: 32.5% of the pot would be shared equally between the 15 clubs, and another 32.5% between all Super League clubs including the five qualifiers.

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“- 20% of the pot would be merit money “distributed in the same manner as the current English Premier League merit-based system” according to where clubs finish in the competition or group if they don’t make the knock-out stage.

“- The remaining 15% would a “commercial share based on club awareness”

“- A cap of 55% of revenues permitted to be spent on salaries and transfers (net)

“- A ‘Financial Sustainability Group’ would monitor clubs’ spending.”

It is as yet unclear as to who the ‘founding clubs’ would be, however The Times believe that so far only Manchester City of the English top six have opted out.

There has been no formal word from the clubs as yet.